962 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 962 Lighthouse Way, Port Hueneme, CA, 93041 uses $187,201 cash to close to unlock $7,560/yr annual cash flow and $630/mo monthly cash flow. Total monthly income runs $4,150/mo, and a $2,785/mo payment keeps the spread at $630/mo. Purchase price stands at $569,000, and rental yield measures 8.75% with $4,150/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 125.29% and total cumulative return in cash records $234,551. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,150/mo property income covering a $2,785/mo payment rather than investor’s personal income.
Townhouse
Built in 1977
1,300 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: Thomas Hickey • Surfside-Anacapa Real Estate
Mls Name: CRMLS
Mls ID: #V1-31747