6480 Katherine Rd SPACE 48Simi 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 48, Simi Valley, CA, 93063 listed at $295,999 pairs $2,040/mo rent with a $1,449/mo payment to leave $209/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $2,504/yr on $98,124 cash to close. Return on cash invested measures 22.46% in year one, and rental yield registers 8.27% at a $295,999 basis. Equity gained on principal adds $1,910/yr, and annual property appreciation at 5% supports $81,779 by year five. Five-year ROI tracks 116.53% and total cumulative return in cash totals $114,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,449/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1976
N/A 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: Scotty Higgs • Strong House Inc
Mls Name: SDMLS
Mls Provider:
Mls ID: #240026494
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