4460 Lubbock Dr APT BSimi ValleyCA93063
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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
Investment property for sale in Simi Valley at 4460 Lubbock Dr APT B, Simi Valley, CA, 93063 listed at $535,000 pairs $4,106/mo rent with a $2,619/mo payment to leave $796/mo cash flow. Total monthly income runs $4,106/mo, and annual cash flow reaches $9,551/yr on $176,015 cash to close. Return on cash invested measures 25.49% in year one, and rental yield registers 9.21% at a $535,000 basis. Equity gained on principal adds $3,452/yr, and annual property appreciation at 5% supports $147,811 by year five. Five-year ROI tracks 132.71% and total cumulative return in cash totals $233,584. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,106/mo property income relative to a $2,619/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93063, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,167 (100%) |
| Owner Occupied HU | 14,086 (69.8%) |
| Renter Occupied HU | 5,428 (26.9%) |
| Vacant Housing Units | 653 ( 3.2%) |
| Median Home Value | $816,433 |
| Average Home Value | $833,434 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
17,734
Multi-Family
1,613
Businesses
1,015
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Listed by: Zackariah T Neeley • Equity Union Real Estate
Mls Name: CSMAOR
Mls ID: #225005462