260 Locust AveOak ParkCA91377
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
Investment property for sale in Oak Park at 260 Locust Ave, Oak Park, CA, 91377 offers a 5.18% rental yield on a $1,699,000 purchase with $7,334/mo rent. 45% in year one. Equity gained on principal adds $10,963/yr while 5% annual appreciation supports $469,402 over five years. Portfolio math shows five-year ROI at 68.08% and total cumulative return in cash at $374,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,334/mo property income against a $8,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91377, Oak Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 3,603 (68.6%) |
| Renter Occupied HU | 1,499 (28.5%) |
| Vacant Housing Units | 152 ( 2.9%) |
| Median Home Value | $1,098,861 |
| Average Home Value | $1,166,065 |
Housing Distribution
Address Breakdown
Residential
5,231
Single Family
4,403
Multi-Family
828
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Arledge Group • Compass
Mls Name: CSMAOR
Mls ID: #225004233