916 Lighthouse WayPort HuenemeCA93041
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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 Port Hueneme at 916 Lighthouse Way, Port Hueneme, CA, 93041 listed at $599,999 pairs $3,720/mo rent with a $2,937/mo payment to leave $8/mo cash flow. Total monthly income runs $3,720/mo, and annual cash flow reaches $96/yr on $197,400 cash to close. Return on cash invested measures 20.11% in year one, and rental yield registers 7.44% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 103.87% and total cumulative return in cash totals $205,031. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,720/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93041, Port Hueneme, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,837 (100%) |
| Owner Occupied HU | 3,511 (39.7%) |
| Renter Occupied HU | 4,088 (46.3%) |
| Vacant Housing Units | 1,238 (14.0%) |
| Median Home Value | $647,738 |
| Average Home Value | $692,544 |
Housing Distribution
Address Breakdown
Residential
8,383
Single Family
7,218
Multi-Family
1,165
Businesses
379
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Listed by: Darren Humphrey • Sync Brokerage Inc
Mls Name: CSMAOR
Mls ID: #225005982