64 Highland RdSimi ValleyCA93065
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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 Simi Valley at 64 Highland Rd, Simi Valley, CA, 93065 priced at $1,999,999 pairs $6,317/mo rent with after a $9,789/mo payment. Total monthly income equals $6,317/mo. Return on cash invested is 9.16% in year one, and rental yield stands at 3.79% on a $1,999,999 basis. Equity gained on principal adds $12,906/yr, and 5% annual appreciation accumulates to $552,563 by year five. Five-year ROI measures 45.08% and total cumulative return in cash reaches $292,099. For financing, Ziffy Mortgage’s DSCR program evaluates $6,317/mo property income against a $9,789/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93065, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,634 (100%) |
| Owner Occupied HU | 17,970 (70.1%) |
| Renter Occupied HU | 6,987 (27.3%) |
| Vacant Housing Units | 677 ( 2.6%) |
| Median Home Value | $844,784 |
| Average Home Value | $887,427 |
Housing Distribution
Address Breakdown
Residential
25,320
Single Family
23,251
Multi-Family
2,069
Businesses
1,888
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Listed by: Mike Lefton • RE/MAX ONE
Mls Name: CSMAOR
Mls ID: #225003922