310 N Fulton StOjaiCA93023
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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
Rental property for sale in Ojai at 310 N Fulton St, Ojai, CA, 93023 generates $4,505/mo in rent, after a $5,526/mo payment. Total monthly income is $4,505/mo. Return on cash invested sits at 12.24% in year one, and rental yield is 4.79% on a $1,129,000 entry. Equity gained on principal adds $7,285/yr, while 5% annual appreciation builds toward $311,922 over five years. Five-year ROI reaches 61.6% and total cumulative return in cash sums $225,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,505/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93023, Ojai, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,527 (61.5%) |
| Renter Occupied HU | 2,734 (30.4%) |
| Vacant Housing Units | 725 ( 8.1%) |
| Median Home Value | $991,071 |
| Average Home Value | $1,172,401 |
Housing Distribution
Address Breakdown
Residential
8,378
Single Family
8,081
Multi-Family
297
Businesses
693
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Listed by: Kristen Currier • LIV Sotheby's Ojai
Mls Name: Ojai Valley BOR
Mls ID: #224902