6480 Katherine Rd SPACE 26Simi ValleyCA93063
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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 Simi Valley at 6480 Katherine Rd SPACE 26, Simi Valley, CA, 93063 listed at $319,900 pairs $2,202/mo rent with a $1,566/mo payment to leave $223/mo cash flow. Total monthly income runs $2,202/mo, and annual cash flow reaches $2,673/yr on $106,047 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 8.26% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 116.36% and total cumulative return in cash totals $123,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,202/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2020
1,346 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93063, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,167 (100%) |
| Owner Occupied HU | 14,086 (69.8%) |
| Renter Occupied HU | 5,428 (26.9%) |
| Vacant Housing Units | 653 ( 3.2%) |
| Median Home Value | $816,433 |
| Average Home Value | $833,434 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
17,734
Multi-Family
1,613
Businesses
1,015
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Listed by: Dustin Alavazo • Rodeo Realty
Mls Name: CLAW
Mls Provider:
Mls ID: #24-471517
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-02-11 18:05:47 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.