950 Woodland Ave SPC 26OjaiCA93023
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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 Ojai at 950 Woodland Ave SPC 26, Ojai, CA, 93023 offers a 7.34% rental yield on a $434,000 purchase with $2,655/mo rent. 66% in year one. Equity gained on principal adds $2,801/yr while 5% annual appreciation supports $119,906 over five years. Portfolio math shows five-year ROI at 101.53% and total cumulative return in cash at $146,074. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,655/mo property income against a $2,124/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
1,377 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93023, Ojai, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,527 (61.5%) |
| Renter Occupied HU | 2,734 (30.4%) |
| Vacant Housing Units | 725 ( 8.1%) |
| Median Home Value | $991,071 |
| Average Home Value | $1,172,401 |
Housing Distribution
Address Breakdown
Residential
8,378
Single Family
8,081
Multi-Family
297
Businesses
693
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Listed by: Heather Martineau • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #V1-32868