2850 Wagon Wheel Rd #302OxnardCA93036
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
Rental property for sale in Oxnard at 2850 Wagon Wheel Rd #302, Oxnard, CA, 93036 generates $5,070/mo in rent and, after a $3,813/mo payment, leaves $251/mo in cash flow. Total monthly income is $5,070/mo, and annual cash flow is $3,009/yr on $256,291 invested. Return on cash invested sits at 21.23% in year one, and rental yield is 7.81% on a $779,000 entry. Equity gained on principal adds $5,027/yr, while 5% annual appreciation builds toward $215,223 over five years. Five-year ROI reaches 109.91% and total cumulative return in cash sums $281,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,070/mo property income rather than buyer’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Belen Zendejas Escamilla • Realty World Golden Era
Mls Name: CRMLS
Mls ID: #V1-30321