For SaleRisky Deal1 days on market
242 Morro Way Unit 2
242 Morro Way Unit 2, Simi Valley, CA 93065, Simi Valley, CA 93065
$769,500
Estimate®:$757,600
Listing Price
242 Morro Way Unit 2, Simi Valley, CA 93065
Loc: Simi Valley, CA
Days Listed
1
Tax Assessed
$450k
Estimate®
$758k
Market Rate
Lot Size
2,178 sqft
Rent Estimate
$4,408/mo
Est. Cash Flow base
Type
townhouse
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Wood Ranch Elementary School
K-6
1.6 mi away
5
Sinaloa Middle School
6-8
1.3 mi away
8
Royal High School
9-12
1.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Townhouse2018Central FurnaceCentral Air2 Attached Garage spaces$529 monthly2,178 sqft1 Day$386
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.25%
Total ROI
51.3%
Cash Flow
$-1,265/mo
DSCR
0.68
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,265/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Simi Valley, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $769,500 | $386 |
| 2019-02-01 | Sold | $640,000 | $321 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $449,713 |
| 2025 | $5,332.34 | $440,896 |
| 2024 | $4,930.76 | $432,251 |
| 2023 | $4,930.76 | $423,776 |
| 2022 | $4,917.6 | $415,467 |
| 2021 | $4,887.52 | $407,321 |
| 2020 | $4,439.3 | $403,146 |
| 2019 | $5,298.56 | $486,084 |
| 2018 | $2,067.48 | $186,259 |
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