2450 Pleasant Way UNIT N, Thousand Oaks, CA, 91362 | $190/mo Cash Flow

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2450 Pleasant Way UNIT N, Thousand Oaks, CA, 91362 | $190/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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2450 Pleasant Way UNIT J, Thousand Oaks, CA, 91362

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 N, Thousand Oaks, CA, 91362 earns $190/mo cash flow from $2,912/mo rent with a $2,154/mo payment. Total monthly income totals $2,912/mo, and annual cash flow totals $2,276/yr on $145,860 capital. ROI tracks 21.47% on current figures, and rental yield reads 7.94% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 111.21% and total cumulative return in cash sums $162,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,912/mo property income instead of your personal income.

Condo

Built in 1985

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Great location! Gorgeously appointed 2 bedroom, 1 and 1/4 bath Camelot condo, centrally located in Thousand Oaks, blocks away from Gardens of the World, the Thousand Oaks Civic Arts Center, Mastro's Steakhouse and The Lakes Shopping Center. This unit is situated on the second level facing a quiet interior courtyard, surrounded by well-maintained grounds and trees, and conveniently close to the park, pool and spa. As you enter, you'll immediately feel the warmth of this home and are greeted by vaulted ceilings, beautiful flooring and sparkling fixtures. The updated kitchen offers plenty of counter space and storage, plus a bar that seats 4. Rich wood-like flooring is throughout and provides an open flow to the bedrooms. The primary offers a custom arched walk-in closet . A slider door from the primary opens to the large wrap-around patio that can also be accessed from the living room. The shared bathroom offers separate vanities, on opposite ends of the bathroom. This unit also offers privacy, peek-a-boo mountain views and a newer HVAC system (2023). What a gem of a home! Camelot is an owner-occupied condo complex. HOA includes water, trash, and one covered assigned parking spot.

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