62 Don Antonio WayOjaiCA93023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ojai at 62 Don Antonio Way, Ojai, CA, 93023 priced at $170,000 converts $4,153/mo rent into $3,101/mo cash flow after a $832/mo obligation. Total monthly income equals $4,153/mo, and annual cash flow totals $37,217/yr on $56,355 invested. Return on cash invested prints 85.95% in year one, and rental yield reads 29.32% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 457.04% and total cumulative return in cash sums $257,565. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,153/mo property income covering a $832/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93023, Ojai, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,527 (61.5%) |
| Renter Occupied HU | 2,734 (30.4%) |
| Vacant Housing Units | 725 ( 8.1%) |
| Median Home Value | $991,071 |
| Average Home Value | $1,172,401 |
Housing Distribution
Address Breakdown
Residential
8,378
Single Family
8,081
Multi-Family
297
Businesses
693
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Listed by: Heather Erickson • Keller Williams W Ventura Cty
Mls Name: Ojai Valley BOR
Mls Provider:
Mls ID: #224027
Disclaimer: Based on information from the Ojai Valley Board of REALTORS as of 2024-02-12 14:06:22 PST. 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.