479 Mackay AveVenturaCA93004
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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 Ventura at 479 Mackay Ave, Ventura, CA, 93004 offers $4,883/mo rent that, after a $4,381/mo payment. Total monthly income is $4,883/mo. Return on cash invested measures 17.39% in year one, and rental yield stands at 6.55% at a $895,000 entry. Equity gained on principal adds $5,775/yr while 5% annual appreciation compounds into $247,272 by year five. Five-year ROI records 89.32% and total cumulative return in cash reaches $262,994. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,883/mo property income versus a $4,381/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93004, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,379 (60.9%) |
| Renter Occupied HU | 3,942 (32.5%) |
| Vacant Housing Units | 794 ( 6.6%) |
| Median Home Value | $834,511 |
| Average Home Value | $838,023 |
Housing Distribution
Address Breakdown
Residential
11,539
Single Family
10,199
Multi-Family
1,340
Businesses
318
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Listed by: Karen Heyrend • BHHS California Properties
Mls Name: CRMLS
Mls ID: #V1-33128