56 Maegan Pl APT 4Thousand OaksCA91362
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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 Thousand Oaks at 56 Maegan Pl APT 4, Thousand Oaks, CA, 91362 with 5% annual appreciation on a $584,900 basis while $4,692/mo rent supports operations. Total monthly income totals $4,692/mo and a $2,863/mo payment preserves $1,074/mo for cash returns. Annual cash flow comes to $12,882/yr on $192,432 deployed, and return on cash invested reaches 26.75% in year one. Equity gained on principal adds $3,774/yr, and five-year appreciation sums $161,597 alongside rental yield of 9.63%. Five-year ROI measures 139.52% and total cumulative return in cash totals $268,475.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,692/mo property income versus a $2,863/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1985
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91362, Thousand Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,063 (100%) |
| Owner Occupied HU | 9,673 (68.8%) |
| Renter Occupied HU | 3,884 (27.6%) |
| Vacant Housing Units | 506 ( 3.6%) |
| Median Home Value | $1,189,099 |
| Average Home Value | $1,279,451 |
Housing Distribution
Address Breakdown
Residential
14,085
Single Family
13,361
Multi-Family
724
Businesses
1,981
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Listed by: MariAnn Culpepper • Rodeo Realty
Mls Name: CSMAOR
Mls ID: #225004730