385 Somerset CirThousand OaksCA91360
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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 Thousand Oaks at 385 Somerset Cir, Thousand Oaks, CA, 91360 offers $5,493/mo rent that, after a $8,316/mo payment. Total monthly income is $5,493/mo. Return on cash invested measures 9.43% in year one, and rental yield stands at 3.88% at a $1,699,000 entry. Equity gained on principal adds $10,963/yr while 5% annual appreciation compounds into $469,402 by year five. Five-year ROI records 46.56% and total cumulative return in cash reaches $256,277. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,493/mo property income versus a $8,316/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91360, Thousand Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,738 (100%) |
| Owner Occupied HU | 10,144 (64.5%) |
| Renter Occupied HU | 4,909 (31.2%) |
| Vacant Housing Units | 685 ( 4.4%) |
| Median Home Value | $918,098 |
| Average Home Value | $995,091 |
Housing Distribution
Address Breakdown
Residential
15,241
Single Family
12,829
Multi-Family
2,412
Businesses
1,158
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Listed by: Bruce Karasik • RE/MAX ONE
Mls Name: CSMAOR
Mls ID: #225004797