53 Prospect StOak ViewCA93022
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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 Oak View at 53 Prospect St, Oak View, CA, 93022 offers a 5.87% rental yield on a $709,000 purchase with $3,467/mo rent. 33% in year one. Equity gained on principal adds $4,575/yr while 5% annual appreciation supports $195,884 over five years. Portfolio math shows five-year ROI at 78.28% and total cumulative return in cash at $182,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,467/mo property income against a $3,470/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93022, Oak View, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,119 (100%) |
| Owner Occupied HU | 1,497 (70.6%) |
| Renter Occupied HU | 528 (24.9%) |
| Vacant Housing Units | 94 ( 4.4%) |
| Median Home Value | $878,024 |
| Average Home Value | $1,004,903 |
Housing Distribution
Address Breakdown
Residential
2,202
Single Family
2,202
Multi-Family
0
Businesses
213
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Listed by: Sean O'Toole • Keller Williams W Ventura Cty
Mls Name: Ojai Valley BOR
Mls ID: #224837