10025 Covert AveTujungaCA91042
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 10025 Covert Ave, Tujunga, CA, 91042 in Tujunga is capital appreciation. Rental yield 3.36%. The 3.36% gross yield at $1,099,999 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $303,909 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.62) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $177,707.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 6.5% |
| Monthly Cash Flow | $(3,721) | $1,200 |
City averages based on Tujunga market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,084 |
| Total Monthly Debt Service | $6,367 |
| DSCR Ratio | 0.48x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1932
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91042, Tujunga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,964 (100%) |
| Owner Occupied HU | 5,908 (53.9%) |
| Renter Occupied HU | 4,720 (43.0%) |
| Vacant Housing Units | 336 ( 3.1%) |
| Median Home Value | $873,248 |
| Average Home Value | $912,091 |
Housing Distribution
Address Breakdown
Residential
10,579
Single Family
7,793
Multi-Family
2,786
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1932
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91042, Tujunga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,964 (100%) |
| Owner Occupied HU | 5,908 (53.9%) |
| Renter Occupied HU | 4,720 (43.0%) |
| Vacant Housing Units | 336 ( 3.1%) |
| Median Home Value | $873,248 |
| Average Home Value | $912,091 |
Housing Distribution
Address Breakdown
Residential
10,579
Single Family
7,793
Multi-Family
2,786
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Toma Barseghian • Real Brokerage Technologies, Inc
Mls Name: CRMLS
Mls ID: #GD25202019