3248 Ocean DrOxnardCA93035
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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 Oxnard at 3248 Ocean Dr, Oxnard, CA, 93035 generates $4,730/mo in rent, after a $7,342/mo payment. Total monthly income is $4,730/mo. Return on cash invested sits at 9.14% in year one, and rental yield is 3.78% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 44.98% and total cumulative return in cash sums $218,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,730/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93035, Oxnard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,341 (100%) |
| Owner Occupied HU | 6,377 (51.7%) |
| Renter Occupied HU | 3,956 (32.1%) |
| Vacant Housing Units | 2,008 (16.3%) |
| Median Home Value | $864,860 |
| Average Home Value | $1,030,654 |
Housing Distribution
Address Breakdown
Residential
11,612
Single Family
10,235
Multi-Family
1,377
Businesses
219
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Listed by: Keith Anderson • Barry Burnett Realty, Inc.
Mls Name: CRMLS
Mls ID: #BB25222647