453 Cremona WayOak ParkCA91377
Nearby investment properties with comparable rents
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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 Oak Park at 453 Cremona Way, Oak Park, CA, 91377 offers $6,678/mo rent that, after a $6,828/mo payment. Total monthly income is $6,678/mo. Return on cash invested measures 15.19% in year one, and rental yield stands at 5.74% at a $1,395,000 entry. Equity gained on principal adds $9,002/yr while 5% annual appreciation compounds into $385,413 by year five. Five-year ROI records 77.43% and total cumulative return in cash reaches $349,966. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,678/mo property income versus a $6,828/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91377, Oak Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 3,603 (68.6%) |
| Renter Occupied HU | 1,499 (28.5%) |
| Vacant Housing Units | 152 ( 2.9%) |
| Median Home Value | $1,098,861 |
| Average Home Value | $1,166,065 |
Housing Distribution
Address Breakdown
Residential
5,231
Single Family
4,403
Multi-Family
828
Businesses
70
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Listed by: Stephanie L Gavin • Keller Williams Westlake Village
Mls Name: CSMAOR
Mls ID: #225004199