438 Las Palomas DrPort HuenemeCA93041
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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 Port Hueneme at 438 Las Palomas Dr, Port Hueneme, CA, 93041 priced at $625,000 converts $3,833/mo rent into after a $3,059/mo obligation. Total monthly income equals $3,833/mo. Return on cash invested prints 19.87% in year one, and rental yield reads 7.36% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 102.57% and total cumulative return in cash sums $210,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,833/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Townhouse
Built in 1980
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93041, Port Hueneme, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,837 (100%) |
| Owner Occupied HU | 3,511 (39.7%) |
| Renter Occupied HU | 4,088 (46.3%) |
| Vacant Housing Units | 1,238 (14.0%) |
| Median Home Value | $647,738 |
| Average Home Value | $692,544 |
Housing Distribution
Address Breakdown
Residential
8,383
Single Family
7,218
Multi-Family
1,165
Businesses
379
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Listed by: Nancy Villasenor • Riverpark Realty
Mls Name: CRMLS
Mls ID: #V1-32071