6296 Merlin StVenturaCA93003
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 Ventura at 6296 Merlin St, Ventura, CA, 93003 generates $4,516/mo in rent, after a $5,922/mo payment. Total monthly income is $4,516/mo. Return on cash invested sits at 11.28% in year one, and rental yield is 4.48% on a $1,210,000 entry. Equity gained on principal adds $7,808/yr, while 5% annual appreciation builds toward $334,301 over five years. Five-year ROI reaches 56.49% and total cumulative return in cash sums $221,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,516/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
4,848 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93003, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,290 (100%) |
| Owner Occupied HU | 11,092 (54.7%) |
| Renter Occupied HU | 8,269 (40.8%) |
| Vacant Housing Units | 929 ( 4.6%) |
| Median Home Value | $828,468 |
| Average Home Value | $871,937 |
Housing Distribution
Address Breakdown
Residential
19,951
Single Family
16,117
Multi-Family
3,834
Businesses
3,530
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Gasaway • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #V1-31467