2474 Pleasant Way UNIT E, Thousand Oaks, CA, 91362 | $213/mo Cash Flow

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2474 Pleasant Way UNIT E, Thousand Oaks, CA, 91362 | $213/mo Cash Flow | Ziffy

For Sale

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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

Rental property for sale in Thousand Oaks at 2474 Pleasant Way UNIT E, Thousand Oaks, CA, 91362 priced at $369,000 pairs $2,496/mo rent with $213/mo cash flow after a $1,806/mo payment. Total monthly income equals $2,496/mo, and annual cash flow comes to $2,560/yr on $122,324 invested. Return on cash invested is 22% in year one, and rental yield stands at 8.12% on a $369,000 basis. Equity gained on principal adds $2,381/yr, and 5% annual appreciation accumulates to $101,948 by year five. Five-year ROI measures 114.07% and total cumulative return in cash reaches $139,539. For financing, Ziffy Mortgage’s DSCR program evaluates $2,496/mo property income against a $1,806/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1985

722 sqft lot

$N/A/sqft

No HOA

More details about the property

BACK ON THE MARKET, BETTER THAN EVER! Tucked into one of Thousand Oaks most walkable and sought-after neighborhoods, this updated ground-floor condo offers the perfect blend of comfort, privacy, and convenience. This one-bedroom, one-bathroom home lives larger than its 722 sq ft, featuring fresh paint, brand-new flooring, and a layout that just makes sense. The in-unit washer and dryer add everyday ease, and the spacious private patiowith tall privacy walls and a lockable storage unitgives you the outdoor space you didnt think you could get at this price point. This condo checks every box for first-time buyers, downsizers, and savvy investors alike. Enjoy a dip in the community pool, your own covered carport space, and the unbeatable location just a short stroll to The Lakes, Bad Ass Tacos, Mastros Steakhouse, coffee shops, and local trails. The HOA covers earthquake insurance, water, trash, sewer, exterior building, grounds maintenance, dog park, pool and spa, and one assigned parking space! Low maintenance. High lifestyle. This is Thousand Oaks living at its easiest, and it wont last long. Reach out today to schedule your private tour before its gone.

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