587 Vine StOak ViewCA93022
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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 Oak View at 587 Vine St, Oak View, CA, 93022 with 5% annual appreciation on a $699,000 basis while $3,292/mo rent supports operations. 68% in year one. Equity gained on principal adds $4,511/yr, and five-year appreciation sums $193,121 alongside rental yield of 5.65%. Five-year ROI measures 74.75% and total cumulative return in cash totals $171,914. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,292/mo property income versus a $3,421/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93022, Oak View, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,119 (100%) |
| Owner Occupied HU | 1,497 (70.6%) |
| Renter Occupied HU | 528 (24.9%) |
| Vacant Housing Units | 94 ( 4.4%) |
| Median Home Value | $878,024 |
| Average Home Value | $1,004,903 |
Housing Distribution
Address Breakdown
Residential
2,202
Single Family
2,202
Multi-Family
0
Businesses
213
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Listed by: Erik Moen • RE/MAX Gold Coast REALTORS
Mls Name: CRMLS
Mls ID: #V1-31925