251 Palomares AveVenturaCA93003
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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
Investment Highlights
Rental property for sale in Ventura at 251 Palomares Ave, Ventura, CA, 93003 offers $7,126/mo rent that, after a $8,296/mo payment. Total monthly income is $7,126/mo. Return on cash invested measures 13.03% in year one, and rental yield stands at 5.04% at a $1,695,000 entry. Equity gained on principal adds $10,938/yr while 5% annual appreciation compounds into $468,297 by year five. Five-year ROI records 65.85% and total cumulative return in cash reaches $361,617. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,126/mo property income versus a $8,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93003, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,290 (100%) |
| Owner Occupied HU | 11,092 (54.7%) |
| Renter Occupied HU | 8,269 (40.8%) |
| Vacant Housing Units | 929 ( 4.6%) |
| Median Home Value | $828,468 |
| Average Home Value | $871,937 |
Housing Distribution
Address Breakdown
Residential
19,951
Single Family
16,117
Multi-Family
3,834
Businesses
3,530
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Listed by: Kay Wilson-Bolton • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #V1-32161