511 N Signal StOjaiCA93023
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
Rental property for sale in Ojai at 511 N Signal St, Ojai, CA, 93023 offers $5,546/mo rent that, after a $1,918/mo payment, leaves $2,817/mo cash flow. Total monthly income is $5,546/mo, and annual cash flow is $33,805/yr on $129,914 cash. Return on cash invested measures 45.93% in year one, and rental yield stands at 16.98% at a $391,898 entry. Equity gained on principal adds $2,529/yr while 5% annual appreciation compounds into $108,274 by year five. Five-year ROI records 243.42% and total cumulative return in cash reaches $316,240. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,546/mo property income versus a $1,918/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93023, Ojai, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,527 (61.5%) |
| Renter Occupied HU | 2,734 (30.4%) |
| Vacant Housing Units | 725 ( 8.1%) |
| Median Home Value | $991,071 |
| Average Home Value | $1,172,401 |
Housing Distribution
Address Breakdown
Residential
8,378
Single Family
8,081
Multi-Family
297
Businesses
693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A