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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Port Hueneme at 588 Island View Cir, Port Hueneme, CA, 93041 offers $4,915/mo rent that, after a $5,384/mo payment. Total monthly income is $4,915/mo. Return on cash invested measures 11.43% in year one, and rental yield stands at 5.36% at a $1,100,000 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,910 by year five. Five-year ROI records 58.22% and total cumulative return in cash reaches $207,487. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,915/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
$765 monthly HOA
Neighborhood data shown for ZIP Code: 93041, Port Hueneme, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,837 (100%) |
| Owner Occupied HU | 3,511 (39.7%) |
| Renter Occupied HU | 4,088 (46.3%) |
| Vacant Housing Units | 1,238 (14.0%) |
| Median Home Value | $647,738 |
| Average Home Value | $692,544 |
Residential
8,383
Single Family
7,218
Multi-Family
1,165
Businesses
379
Date | Event | Price |
|---|---|---|
| 2024-11-04 | Listed for sale | $1,100,000 |
| 2024-05-04 | Listing removed | N/A |
| 2024-04-11 | Listed for rent | $4,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3925.20 | N/A | $335,286 | 2.00% |
| 2023-02-12 | $3925.20 | 2.79% | $328,712 | 2.00% |
| 2022-02-12 | $3818.58 | 0.04% | $322,267 | 2.00% |
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Thomas Hickey • Surfside-Anacapa Real Estate
Mls Name: CRMLS
Mls Provider:
Mls ID: #V1-26537
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-11 15:44:07 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
