2462 Pleasant Way UNIT J, Thousand Oaks, CA, 91362 | $705/mo Cash Flow

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2462 Pleasant Way UNIT J, Thousand Oaks, CA, 91362 | $705/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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2426 Pleasant Way UNIT E, 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 2462 Pleasant Way UNIT J, Thousand Oaks, CA, 91362 earns $705/mo cash flow from $3,520/mo rent with a $2,227/mo payment. Total monthly income totals $3,520/mo, and annual cash flow totals $8,463/yr on $150,833 capital. ROI tracks 25.52% on current figures, and rental yield reads 9.28% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 132.94% and total cumulative return in cash sums $200,524. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,520/mo property income instead of your personal income.

Condo

Built in 1985

906.05 sqft lot

$N/A/sqft

No HOA

More details about the property

What's special; Upstairs, End Unit, Open- concept living space, Well-appointed upscale fit and finishes, Large wrap around private balcony, Marble kitchen counters, Recess lighting, Luxury vinyl planking through out, Great Location. Gorgeous well cared for 2 bedroom and 1.5 bathroom located a short walking distance to The Lakes with popular dining and shopping. Also next to the Thousand Oaks Civic Arts Center and the Gardens of the World. Across the street you will enjoy a beautifully landscaped park with lots of mature trees, great for kids and dog walking or just a stroll. Once inside you will feel the warmth and coziness and inviting open floor plan with vaulted ceilings and new luxury laminate flooring throughout. The living room features custom built wood mantle and recess lighting. The kitchen has a gorgeous marble peninsula and counters which compliments the well-crafted tile backsplash. Stainless steel sink and appliances finish off this beautiful kitchen. The large primary bedroom offers a walk in closet with mirror doors and access to outdoor space/ balcony. The secondary bedroom can also make a nice home office. The shared bathroom offers separate vanities on each end. Convenient built in stackable washer and dryer. The spacious outdoor balcony provides private entertaining, relaxation and fun bbq's. The HOA includes water, trash and one assigned covered parking spot. Easy to show.

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