310 Prospect StOak ViewCA93022
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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 Oak View at 310 Prospect St, Oak View, CA, 93022 priced at $799,000 pairs $4,180/mo rent with after a $3,911/mo payment. Total monthly income equals $4,180/mo. Return on cash invested is 16.58% in year one, and rental yield stands at 6.28% on a $799,000 basis. Equity gained on principal adds $5,156/yr, and 5% annual appreciation accumulates to $220,749 by year five. Five-year ROI measures 84.93% and total cumulative return in cash reaches $223,254. For financing, Ziffy Mortgage’s DSCR program evaluates $4,180/mo property income against a $3,911/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
8,942 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93022, Oak View, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,119 (100%) |
| Owner Occupied HU | 1,497 (70.6%) |
| Renter Occupied HU | 528 (24.9%) |
| Vacant Housing Units | 94 ( 4.4%) |
| Median Home Value | $878,024 |
| Average Home Value | $1,004,903 |
Housing Distribution
Address Breakdown
Residential
2,202
Single Family
2,202
Multi-Family
0
Businesses
213
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Listed by: David Remedios • RE/MAX Gold Coast REALTORS
Mls Name: CRMLS
Mls ID: #V1-33158