2621 Bitternut CirSimi ValleyCA93065
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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 Simi Valley at 2621 Bitternut Cir, Simi Valley, CA, 93065 earns $839/mo cash flow from $6,406/mo rent with a $4,405/mo payment. Total monthly income totals $6,406/mo, and annual cash flow totals $10,064/yr on $296,067 capital. ROI tracks 23.46% on current figures, and rental yield reads 8.54% at a $899,900 purchase. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 over five years. Five-year ROI reaches 121.84% and total cumulative return in cash sums $360,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,406/mo property income instead of your personal income.
Single Family
Built in 1983
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93065, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,634 (100%) |
| Owner Occupied HU | 17,970 (70.1%) |
| Renter Occupied HU | 6,987 (27.3%) |
| Vacant Housing Units | 677 ( 2.6%) |
| Median Home Value | $844,784 |
| Average Home Value | $887,427 |
Housing Distribution
Address Breakdown
Residential
25,320
Single Family
23,251
Multi-Family
2,069
Businesses
1,888
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Listed by: McKay Barlow • Barlow Realty
Mls Name: CRMLS
Mls ID: #V1-34099