3900 E Main St SPC 62VenturaCA93003
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3900 E Main St SPC 62, Ventura, CA, 93003 earns $255/mo cash flow from $1,115/mo rent with a $680/mo payment. Total monthly income totals $1,115/mo, and annual cash flow totals $3,065/yr on $46,079 capital. ROI tracks 26.56% on current figures, and rental yield reads 9.63% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 138.54% and total cumulative return in cash sums $63,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,115/mo property income instead of your personal income.
Manufactured
Built in 1959
450 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lixin Durborow • Century 21 Masters
Mls Name: CRMLS
Mls ID: #V1-34172