557 Serento CirThousand OaksCA91360
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 557 Serento Cir, Thousand Oaks, CA, 91360 in Thousand Oaks: $4,697/mo in rent, $601/mo in net income, 9.72% gross yield, 1.80 DSCR, all at $579,990. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $160,241 in appreciation and $5,342/yr in principal paydown projects total cumulative return of $260,810.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 4.5% |
| Monthly Cash Flow | $601 | $1,500 |
City averages based on Thousand Oaks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,697 |
| Total Monthly Debt Service | $3,865 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
3,049 sqft lot
$N/A/sqft
$482 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91360, Thousand Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,738 (100%) |
| Owner Occupied HU | 10,144 (64.5%) |
| Renter Occupied HU | 4,909 (31.2%) |
| Vacant Housing Units | 685 ( 4.4%) |
| Median Home Value | $918,098 |
| Average Home Value | $995,091 |
Housing Distribution
Address Breakdown
Residential
15,241
Single Family
12,829
Multi-Family
2,412
Businesses
1,158
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
Condo
Built in 1972
3,049 sqft lot
$N/A/sqft
$482 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91360, Thousand Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,738 (100%) |
| Owner Occupied HU | 10,144 (64.5%) |
| Renter Occupied HU | 4,909 (31.2%) |
| Vacant Housing Units | 685 ( 4.4%) |
| Median Home Value | $918,098 |
| Average Home Value | $995,091 |
Housing Distribution
Address Breakdown
Residential
15,241
Single Family
12,829
Multi-Family
2,412
Businesses
1,158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices