297 Rancho DrVenturaCA93003
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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 Ventura at 297 Rancho Dr, Ventura, CA, 93003 listed at $1,625,000 pairs $5,549/mo rent with a $7,954/mo payment. Total monthly income runs $5,549/mo. Return on cash invested measures 10.1% in year one, and rental yield registers 4.1% at a $1,625,000 basis. Equity gained on principal adds $10,486/yr, and annual property appreciation at 5% supports $448,958 by year five. Five-year ROI tracks 50.17% and total cumulative return in cash totals $264,136. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,549/mo property income relative to a $7,954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93003, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,290 (100%) |
| Owner Occupied HU | 11,092 (54.7%) |
| Renter Occupied HU | 8,269 (40.8%) |
| Vacant Housing Units | 929 ( 4.6%) |
| Median Home Value | $828,468 |
| Average Home Value | $871,937 |
Housing Distribution
Address Breakdown
Residential
19,951
Single Family
16,117
Multi-Family
3,834
Businesses
3,530
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Listed by: Lowell Easley • RE/MAX Gold Coast-Beach Marina Office
Mls Name: CRMLS
Mls ID: #V1-32012