2167 Cardinal Ave · Oxnard, CA 93033

$299,999

2 bd · 2.0 ba · 1,368 sqft · Manufactured public records · 49 Days on market

Built 2016 1,368 sqft lot Est $280k · 7% over

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.1/30.0
• DSCR +7.1/10.0
• 1% rule +4.6/10.0
• ARV discount +4.4/15.0
• Schools +3.6/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to storybook living in the highly desirable Sunny Acres 55+ community in Oxnard! Built in 2016, this beautiful NEWER CONSTRUCTION manufactured home offers the perfect blend of comfort, and style WITH lw space rent of $768 currently. Step inside to find high ceilings, expansive living areas, and a stunning kitchen complete with a center island, walk-in pantry, and abundant storage--perfect for everyday living and entertaining alike. The spacious primary suite feels like a private retreat with its generous layout and spa-inspired bathroom, while the secondary bedroom is nearly equal in size--ideal as a second primary or guest suite--plus an additional full bath for added convenience.

Key facts

• Stunning kitchen
• Abundant storage
• Center island

Tags

• STUNNING KITCHEN
• CENTER ISLAND
• WALK-IN PANTRY
• ABUNDANT STORAGE
• SPA-INSPIRED BATHROOM
• SEPARATE LAUNDRY ROOM

Property features AI

Finance

• Other: CC & R disclosures apply; Oven included; refrigerators and washer/dryer may be negotiable; Approval status required
• Financial info: Listing accepts Conventional, Cash, and Other financing
• HOA & community: Subdivision: Sunny Acres MHP

Exterior

• Parking: 1 carport space; No attached garage
• Security: Resident manager
• Utilities: Month-to-month land lease
• Home design: Mobile home, model Festival II; Approximately 59 feet long
• Construction: Built in 2016
• Exterior features: Front porch; Entry through living room; Private pool; Private spa; Located in a senior community

Interior

• Kitchen: Convection oven; Gas stove
• Bedrooms: 2 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heating present
• Interior features: Quartz counters; Living area about 1368 (per public records); No fireplace
• Laundry & utility: Dedicated laundry room inside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $300k.

Deal economics

• At list price, monthly cash flow is $481 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $287k (4.4% below list).
• Recommended offer: $287k (4.4% below list) — sets the bar for 1% rule.
• Cap rate 8.2% vs local median 2.5% in Oxnard — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 54/100 on livability (#905 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A-, health & safety A-, housing B; Watch: schools F, crime F, amenities D-.
• Oxnard Union High (urban): math 28% / reading 51% proficiency, ranked #220 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 31 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,759 units permitted in Ventura County in 2024 (1,196 in 5+ unit buildings).
• This rent runs 39% of the median local income ($87k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Ventura County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $286,874 (4.4% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 8.22%
• Cash-on-cash: 6.87%
• DSCR: 1.31
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $280,440
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4061 Canary Ln #4061	0.05mi	2/2.0	1,344 (-2%)	4mo	$275,000	$205	91
3700 Olds Rd #38	0.10mi	2/2.0	1,248 (-9%)	0mo	$215,000	$172	80
2400 E Pleasant Valley Rd #108	0.28mi	3/2.0 (+1)	1,344 (-2%)	3mo	$316,000	$235	77
1645 Lime Ave #91	0.09mi	3/2.0 (+1)	1,248 (-9%)	2mo	$335,000	$268	75
2138 Bluejay Ave #43	0.11mi	2/2.0	1,250 (-9%)	17mo	$250,000	$200	66
4061 Raven Ln #0	0.09mi	2/2.0	1,248 (-9%)	18mo	$220,000	$176	66
4021 Oriole Ln Unit G	0.03mi	2/2.0	1,200 (-12%)	17mo	$240,000	$200	64
1253 Pear Ave	0.09mi	3/2.0 (+1)	1,248 (-9%)	16mo	$321,500	$258	63
1416 Persimmon Ave #156	0.18mi	3/2.0 (+1)	1,464 (+7%)	23mo	$335,000	$229	56
132 Rainbow Dr #158	0.69mi	2/2.0	1,344 (-2%)	23mo	$309,000	$230	46
104 Fontana Dr #104	0.70mi	2/2.0	1,440 (+5%)	20mo	$175,000	$122	42
118 Yellowstone Dr #96	0.72mi	2/2.0	1,248 (-9%)	17mo	$242,000	$194	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.01% rent growth · sell at horizon

5-year hold

• IRR: -8.8%
• Equity multiple: 0.68×
• Total profit: $-26,498
• Equity at exit: $44,731

10-year hold

• IRR: -3.4%
• Equity multiple: 0.80×
• Total profit: $-16,570
• Equity at exit: $25,938

Cash invested: $84,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 93033

• Rents YoY: 0.0%
• Active inventory: 31
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,869 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$87 /mo · $1,046/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$602
• Net cashflow: $481

Break-even live

Break-even rent $2,260

Max offer price $299,999

Occupancy floor 78%

Sensitivity live

Price	-10% $651	-5% $566	+0% $481	+5% $396	+10% $311
Rent	-10% $254	-5% $368	+0% $481	+5% $594	+10% $708
Rate	-1.0pp $632	-0.5pp $557	base $481	+0.5pp $403	+1.0pp $324

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2250 E Pleasant Valley Rd Oxnard, CA	1.0–3.0	1.0–2.0	797	$3,115	$3.91	2d	9	0.13mi
2065 E Bard Rd Oxnard, CA	3.0	2.5	1249	$3,000	$2.40	24d	1	0.31mi
4401 Dallas Dr Oxnard, CA	2.0	1.5	950	$3,272	$3.44	2d	2	0.66mi
2630 El Dorado Ave Unit A Oxnard, CA	2.0	1.0	878	$2,500	$2.85	2d	1	0.74mi
2530 El Dorado Ave Oxnard, CA	2.0	1.0	878	$2,695	$3.07	2d	1	0.80mi
4800 Terrace Ave Unit B Oxnard, CA	2.0	2.0	1055	$2,600	$2.46	2d	1	0.99mi

Listing history 19 events

1. 2026-06-19
   days on market $299,999 Active 49 DOM
2. 2026-06-18
   days on market $299,999 Active 48 DOM
3. 2026-06-17
   days on market $299,999 Active 47 DOM
4. 2026-06-16
   days on market $299,999 Active 46 DOM
5. 2026-06-15
   days on market $299,999 Active 45 DOM
6. 2026-06-13
   days on market $299,999 Active 43 DOM
7. 2026-06-12
   days on market $299,999 Active 42 DOM
8. 2026-06-10
   days on market $299,999 Active 40 DOM
9. 2026-06-09
   days on market $299,999 Active 39 DOM
10. 2026-06-08
    days on market $299,999 Active 38 DOM
11. 2026-06-07
    days on market $299,999 Active 37 DOM
12. 2026-06-05
    days on market $299,999 Active 35 DOM
13. 2026-06-03
    days on market $299,999 Active 33 DOM
14. 2026-06-02
    days on market $299,999 Active 32 DOM
15. 2026-06-01
    days on market $299,999 Active 31 DOM
16. 2026-05-31
    days on market $299,999 Active 30 DOM
17. 2026-05-01
    listed $299,999 Active
18. 2005-03-18
    historical
19. 2004-10-25
    listed

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $1,046 · $87/mo
• Projected year-2 tax: $2,280 · $190/mo
• Expected delta: +$1,234/yr (+$103/mo · 117.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥85°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,425
• − Mortgage interest: −$16,805
• − Property taxes: −$1,046
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,754
• − Management: −$2,754
• − Depreciation: −$8,727
• Taxable income: $839
• Est. tax owed @ 24.0%: −$201
• After-tax cash flow: $5,569/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Oxnard Union High
• NCES district ID: 0629270
• Math proficiency: 28% ▲ 7.00%
• Reading proficiency: 51% ▲ 11.00%
• Median HH income: $68,770
• Composite: 35.79/100
• National rank: #4835
• State rank: #220 of 517 in CA

Livability — Oxnard

• Score: 54/100
• State rank: #905
• US rank: #24028

Category grades

Amenities D- Commute F Cost of living F Crime F Employment A- Housing B Health & safety A- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Oxnard, CA
• County: Ventura County · 829,955 people
• City population: 213,176
• Metro: Oxnard-Thousand Oaks-Ventura, CA
• Population (ZIP): 78,737
• Household income: $87,309
• Rent vs Own: 42.8% rent · 57.2% own
• Severe rent burden: 1968.0

Population outlook (Ventura County) Hauer SSP2

• Today (2025): 895,754 people
• By 2030: 912,134 · +1.8%
• By 2040: 931,454 · +4.0%
• By 2050: 934,609 · +4.3%
• By 2075: 924,899 · +3.3%
• By 2100: 864,712 · -3.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (86%)
• Race & ethnicity: Hispanic / Latino 86% Two or more races 36% Asian 7% White 5% Native American 4%
• Hispanic origin (detail): Mexican 82%
• Foreign-born: 41% · Canada, Vietnam
• Languages at home: 20% English-only · Spanish 72% Tagalog/Filipino 4%

Political lean MEDSL · Ventura

• 2024 margin: D (+15.1) · D 56.1% · R 41.0% · Other 2.9%
• 2008→2024 swing: +2.8pp toward D · 2008: 12.3pp · 2024: 15.1pp
• All cycles: 2024: D+15.1 2020: D+21.1 2016: D+16.8 2012: D+5.3 2008: D+12.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -824.11%
• Current HPI: 348.9793
• Rent YoY: ▬ 0.01%
• Metro: Oxnard-Thousand Oaks-Ventura, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

3 events — show timeline

• 2026-05-01 Listed $299,999 CSMAR
• 2005-03-18 Delisted — CRMLS
• 2004-10-25 Listed — CRMLS

Property tax history

-3.6%/yr

Latest (2025): $1,046 · +7.1% YoY. Source: county tax records.