788 Pinetree Cir APT 13, Thousand Oaks, CA, 91360 | $225/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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788 Pinetree Cir APT 13, Thousand Oaks, CA, 91360 | $225/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Thousand Oaks at 788 Pinetree Cir APT 13, Thousand Oaks, CA, 91360 generates $2,606/mo in rent and, after a $1,884/mo payment, leaves $225/mo in cash flow. Total monthly income is $2,606/mo, and annual cash flow is $2,696/yr on $127,628 invested. Return on cash invested sits at 22.02% in year one, and rental yield is 8.12% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 114.16% and total cumulative return in cash sums $145,702. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,606/mo property income rather than buyer’s personal income.

Condo

Built in 1974

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to Oaknoll VillasA Charming 55+ Community in Beautiful Thousand Oaks! Nestled in a prime location surrounded by lush, well-manicured grounds, this inviting 1-bedroom, 1-bathroom home offers serene, comfortable living in one of Thousand Oaks' most desirable senior communities. Enjoy peaceful mornings and fresh air on the covered porch, which boasts stunning mountain viewsperfect for outdoor relaxation. The unit has been thoughtfully upgraded with stylish vinyl plank flooring, sleek quartz countertops, and stainless steel appliances, offering modern comfort and elegance. Residents of Oaknoll Villas enjoy a wealth of amenities, including a sparkling outdoor pool and spa, a spacious patio area, and a vibrant clubhouse. The clubhouse features a cozy meeting room, a well-stocked library, a card room, billiards, and shuffleboard courtsideal for staying social and entertained. For those seeking an active lifestyle, there's also an aerobics room and a fully equipped fitness center. Additional features include on-site laundry facilities, carport parking, a pet-friendly environment, and HOA-covered basic cable and trash service. Don't miss this opportunity to join a welcoming community and make this lovely home your own! Please note: The applicant must be at least 55 years of age and must be approved by the HOA Board prior to the sale.

Neighborhood Data

Neighborhood data shown for ZIP Code: 91360, Thousand Oaks, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,738 (100%)
Owner Occupied HU	10,144 (64.5%)
Renter Occupied HU	4,909 (31.2%)
Vacant Housing Units	685 ( 4.4%)
Median Home Value	$918,098
Average Home Value	$995,091