561 Spring Rd APT 43MoorparkCA93021
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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 561 Spring Rd APT 43, Moorpark, CA, 93021 uses $180,917 cash to close to unlock $2,409/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $3,602/mo, and a $2,691/mo payment keeps the spread at $201/mo. Purchase price stands at $549,900, and rental yield measures 7.86% with $3,602/mo rent. Return on cash invested shows 21.39% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 110.76% and total cumulative return in cash records $200,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,602/mo property income covering a $2,691/mo payment rather than investor’s personal income.
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: Antonio Camacho • HomeSmart Evergreen Realty
Mls Name: CSMAOR
Mls ID: #226000431