535 Ridgecrest DrSanta PaulaCA93060
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
Total monthly income runs $6,208/mo, and a $8,296/mo payment. Purchase price stands at $1,695,000, and rental yield measures 4.4% with $6,208/mo rent. Return on cash invested shows 11.02% in year one, and 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 55.09% and total cumulative return in cash records $302,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,208/mo property income covering a $8,296/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93060, Santa Paula, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 5,778 (53.5%) |
| Renter Occupied HU | 4,600 (42.6%) |
| Vacant Housing Units | 429 ( 4.0%) |
| Median Home Value | $681,405 |
| Average Home Value | $763,214 |
Housing Distribution
Address Breakdown
Residential
10,560
Single Family
9,941
Multi-Family
619
Businesses
850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Custer • JZ REALTY
Mls Name: CRMLS
Mls ID: #V1-31715