2810 Wagon Wheel Rd #304OxnardCA93036
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Oxnard rental at 2810 Wagon Wheel Rd #304, Oxnard, CA, 93036 sits in the solid-income band: 8.17% gross yield, $5,446/mo rent, $497/mo net after the $3,597/mo debt service, DSCR 1.51. Entry price of $799,999 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $221,025 and $7,368/yr in principal reduction bring total cumulative return to $335,347.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.5% |
| Monthly Cash Flow | $497 | $200 |
City averages based on Oxnard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,446 |
| Total Monthly Debt Service | $4,631 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2020
7,528 sqft lot
$N/A/sqft
No HOA
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
Condo
Built in 2020
7,528 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Grzybowski • Beverly and Company, Inc.
Mls Name: CRMLS
Mls ID: #V1-32127