540 Spring Rd APT 93MoorparkCA93021
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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 Moorpark at 540 Spring Rd APT 93, Moorpark, CA, 93021 listed at $499,000 pairs $3,750/mo rent with a $2,442/mo payment to leave $663/mo cash flow. Total monthly income runs $3,750/mo, and annual cash flow reaches $7,961/yr on $165,419 cash to close. Return on cash invested measures 24.72% in year one, and rental yield registers 9.02% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 128.65% and total cumulative return in cash totals $212,814. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,750/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93021, Moorpark, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,229 (100%) |
| Owner Occupied HU | 9,017 (73.7%) |
| Renter Occupied HU | 2,922 (23.9%) |
| Vacant Housing Units | 290 ( 2.4%) |
| Median Home Value | $906,829 |
| Average Home Value | $1,017,336 |
Housing Distribution
Address Breakdown
Residential
12,106
Single Family
11,210
Multi-Family
896
Businesses
801
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Listed by: Kevin Ryan • eXp Realty of California Inc
Mls Name: CSMAOR
Mls ID: #225004268