2450 Pleasant Way UNIT J, Thousand Oaks, CA, 91362 | $791/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2450 Pleasant Way UNIT J, Thousand Oaks, CA, 91362 | $791/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Thousand Oaks at 2450 Pleasant Way UNIT J, Thousand Oaks, CA, 91362 uses $144,203 cash to close to unlock $9,493/yr annual cash flow and $791/mo monthly cash flow. Total monthly income runs $3,482/mo, and a $2,129/mo payment keeps the spread at $791/mo. Purchase price stands at $435,000, and rental yield measures 9.61% with $3,482/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 138.17% and total cumulative return in cash records $199,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,482/mo property income covering a $2,129/mo payment rather than investor’s personal income.

Condo

Built in 1985

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stylishly updated 2-bedroom, 1-bath condo in the heart of Thousand Oaks! Just minutes from top restaurants, shops, parks, award-winning schools, and the Civic Arts Plaza, this home offers unbeatable convenience. Inside, you'll find vaulted ceilings, abundant natural light, and a spacious open floor plan. Recent upgrades include hardwood flooring in the main living area, fresh paint, hardwood shutters, and newer stainless steel appliances. Wood fireplace and two sliding doors to access a private balcony. Both bedrooms are generously sized, with mirrored closet doors and plenty of storage. Additional highlights include an updated bathroom, in-unit washer and dryer, and a newer HVAC system. Enjoy comfort, style, and convenience all in onediscover the charm of living on Pleasant Way!

Neighborhood Data

Neighborhood data shown for ZIP Code: 91362, Thousand Oaks, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,063 (100%)
Owner Occupied HU	9,673 (68.8%)
Renter Occupied HU	3,884 (27.6%)
Vacant Housing Units	506 ( 3.6%)
Median Home Value	$1,189,099
Average Home Value	$1,279,451