6480 Katherine Rd SPACE 26Simi ValleyCA93063
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 6480 Katherine Rd SPACE 26, Simi Valley, CA, 93063 in Simi Valley is listed at $319,900 and delivers $2,202/mo in rent and $223/mo in net monthly cash flow. The 8.26% yield and 1.53 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $88,382 over five years, and $2,946/yr in principal reduction supplements cash return. Total projected cumulative return: $135,683.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.5% |
| Monthly Cash Flow | $223 | $200 |
City averages based on Simi Valley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,202 |
| Total Monthly Debt Service | $1,852 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.