2516 Roosevelt BlvdOxnardCA93035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Oxnard at 2516 Roosevelt Blvd, Oxnard, CA, 93035 priced at $1,500,000 converts $5,522/mo rent into after a $7,342/mo obligation. Total monthly income equals $5,522/mo. Return on cash invested prints 11.09% in year one, and rental yield reads 4.42% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 55.46% and total cumulative return in cash sums $269,531. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,522/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 1980
2,380 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93035, Oxnard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,341 (100%) |
| Owner Occupied HU | 6,377 (51.7%) |
| Renter Occupied HU | 3,956 (32.1%) |
| Vacant Housing Units | 2,008 (16.3%) |
| Median Home Value | $864,860 |
| Average Home Value | $1,030,654 |
Housing Distribution
Address Breakdown
Residential
11,612
Single Family
10,235
Multi-Family
1,377
Businesses
219
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Nearby investment properties with comparable prices
Listed by: William Amir Gordon • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408079
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.