For SaleRisky Deal9 days on market
3048 Mineral Wells Ave
3048 Mineral Wells Ave, Simi Valley, CA 93063, Simi Valley, CA 93063
$760,000
Estimate®:$863,200$103,200 Under Market
Listing Price
3048 Mineral Wells Ave, Simi Valley, CA 93063
Loc: Simi Valley, CA
Days Listed
9
Tax Assessed
$602k
Estimate®
$863k
12% Under Valued
Lot Size
0.27 acres
Rent Estimate
$3,832/mo
Est. Cash Flow base
Type
single family
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.
8
Big Springs Elementary School
K-6
0.6 mi away
4
Valley View Middle School
6-8
0.5 mi away
7
Simi Valley High School
9-12
1.3 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
Single Family Residence1964Central Furnace, Natural GasCentral Air2 Attached Garage spaces0.27 Acres9 Days$471
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.46%
Total ROI
34.2%
Cash Flow
$-1,749/mo
DSCR
0.56
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,749/mo net cash flow with a 3.5% 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $760,000 | $471 |
| 2003-10-01 | Sold | $415,000 | $257 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $601,829 |
| 2025 | $7,169.16 | $590,029 |
| 2024 | $6,664.56 | $578,460 |
| 2023 | $6,664.56 | $567,118 |
| 2022 | $6,645.12 | $555,999 |
| 2021 | $6,603.12 | $545,098 |
| 2020 | $6,470.84 | $539,510 |
| 2019 | $6,177.68 | $528,932 |
| 2018 | $6,129.9 | $518,562 |
| 2017 | $5,996.82 | $508,396 |
| 2016 | $5,729.34 | $498,428 |
| 2015 | $5,612.5 | $490,942 |
| 2014 | $5,458.3 | $474,000 |
| 2013 | $0 | $408,000 |
| 2012 | $0 | $369,000 |
| 2011 | $0 | $385,000 |
| 2009 | $0 | $396,000 |
| 2007 | $0 | $440,400 |
| 2006 | $0 | $431,766 |
| 2005 | $0 | $423,300 |
| 2003 | $0 | $53,262 |
| 2002 | $0 | $52,219 |
| 2001 | $730.96 | $51,196 |
| 2000 | $715.58 | $50,193 |
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