579 Rio Grande CirThousand OaksCA91360
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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 Thousand Oaks at 579 Rio Grande Cir, Thousand Oaks, CA, 91360 priced at $539,999 pairs $3,793/mo rent with $453/mo cash flow after a $2,643/mo payment. Total monthly income equals $3,793/mo, and annual cash flow comes to $5,430/yr on $177,660 invested. Return on cash invested is 23.12% in year one, and rental yield stands at 8.43% on a $539,999 basis. Equity gained on principal adds $3,485/yr, and 5% annual appreciation accumulates to $149,192 by year five. Five-year ROI measures 120.01% and total cumulative return in cash reaches $213,218. For financing, Ziffy Mortgage’s DSCR program evaluates $3,793/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1972
3,049 sqft lot
$N/A/sqft
No 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
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Listed by: The Hanley Team • Berkshire Hathaway Homeservices California Properties
Mls Name: CSMAOR
Mls ID: #226000407