551 Running Creek CtSimi ValleyCA93065
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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 Simi Valley at 551 Running Creek Ct, Simi Valley, CA, 93065 priced at $1,795,000 converts $7,350/mo rent into after a $8,786/mo obligation. Total monthly income equals $7,350/mo. Return on cash invested prints 12.62% in year one, and rental yield reads 4.91% against a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation compiles into $495,925 by year five. Five-year ROI reaches 63.67% and total cumulative return in cash sums $370,285. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,350/mo property income covering a $8,786/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93065, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,634 (100%) |
| Owner Occupied HU | 17,970 (70.1%) |
| Renter Occupied HU | 6,987 (27.3%) |
| Vacant Housing Units | 677 ( 2.6%) |
| Median Home Value | $844,784 |
| Average Home Value | $887,427 |
Housing Distribution
Address Breakdown
Residential
25,320
Single Family
23,251
Multi-Family
2,069
Businesses
1,888
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Listed by: Lewicki & Associates • Century 21 Masters
Mls Name: CSMAOR
Mls ID: #226000025