256 Melrose DrOxnardCA93035
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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
Investment property for sale in Oxnard at 256 Melrose Dr, Oxnard, CA, 93035 earns from $5,123/mo rent with a $7,337/mo payment. Total monthly income totals $5,123/mo. ROI tracks 10.12% on current figures, and rental yield reads 4.1% at a $1,499,000 purchase. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 over five years. Five-year ROI reaches 50.22% and total cumulative return in cash sums $243,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,123/mo property income instead of your personal income.
Single Family
Built in 1960
2,880 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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Listed by: Ann Howarth • RE/MAX Gold Coast-Beach Office
Mls Name: CRMLS
Mls ID: #V1-29992