865 Palmgrove AveNewbury ParkCA91320
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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 Newbury Park at 865 Palmgrove Ave, Newbury Park, CA, 91320 offers $5,225/mo rent that, after a $6,348/mo payment. Total monthly income is $5,225/mo. Return on cash invested measures 12.38% in year one, and rental yield stands at 4.83% at a $1,297,000 entry. Equity gained on principal adds $8,369/yr while 5% annual appreciation compounds into $358,337 by year five. Five-year ROI records 62.36% and total cumulative return in cash reaches $262,053. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,225/mo property income versus a $6,348/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91320, Newbury Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,471 (100%) |
| Owner Occupied HU | 11,337 (73.3%) |
| Renter Occupied HU | 3,733 (24.1%) |
| Vacant Housing Units | 401 ( 2.6%) |
| Median Home Value | $955,113 |
| Average Home Value | $1,054,082 |
Housing Distribution
Address Breakdown
Residential
15,639
Single Family
14,380
Multi-Family
1,259
Businesses
1,272
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Listed by: Soheila Amooyee • Keller Williams Realty Calabasas
Mls Name: CRMLS
Mls ID: #SR25222098