2611 Kelp LnOxnardCA93035
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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 2611 Kelp Ln, Oxnard, CA, 93035 listed at $839,999 pairs $5,329/mo rent with a $4,111/mo payment to leave $133/mo cash flow. Total monthly income runs $5,329/mo, and annual cash flow reaches $1,596/yr on $276,360 cash to close. Return on cash invested measures 20.64% in year one, and rental yield registers 7.61% at a $839,999 basis. Equity gained on principal adds $5,420/yr, and annual property appreciation at 5% supports $232,076 by year five. Five-year ROI tracks 106.71% and total cumulative return in cash totals $294,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,329/mo property income relative to a $4,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
6,011 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: Ryan Rosenmund • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #V1-33506