766 Nocumi StVenturaCA93001
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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 Ventura at 766 Nocumi St, Ventura, CA, 93001 priced at $585,600 converts $5,050/mo rent into $1,428/mo cash flow after a $2,866/mo obligation. Total monthly income equals $5,050/mo, and annual cash flow totals $17,131/yr on $192,662 invested. Return on cash invested prints 28.95% in year one, and rental yield reads 10.35% against a $585,600 entry. Equity gained on principal adds $3,779/yr, while 5% annual appreciation compiles into $161,790 by year five. Five-year ROI reaches 151.3% and total cumulative return in cash sums $291,507. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,050/mo property income covering a $2,866/mo payment, not borrower’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93001, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,804 (100%) |
| Owner Occupied HU | 6,348 (40.2%) |
| Renter Occupied HU | 7,952 (50.3%) |
| Vacant Housing Units | 1,504 ( 9.5%) |
| Median Home Value | $1,024,897 |
| Average Home Value | $1,155,371 |
Housing Distribution
Address Breakdown
Residential
14,665
Single Family
12,450
Multi-Family
2,215
Businesses
1,584
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Listed by: Wendy Spasiano • Sterling West Real Estate
Mls Name: CRMLS
Mls ID: #V1-34036