12796 Norris AveSylmarCA91342
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 12796 Norris Ave, Sylmar, CA, 91342 in Sylmar worth study. Rental yield 5.45%. The 5.45% gross yield is below cash-flow benchmarks at $675,000, but 5% annual appreciation, adding $186,490 over five years, frames this as a capital growth position. Rent of $3,068/mo partially offsets the $3,035/mo payment. Ziffy Mortgage finances appreciation-play properties (1.01 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $184,728.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 5.5% |
| Monthly Cash Flow | $(1,107) | $1,200 |
City averages based on Sylmar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,068 |
| Total Monthly Debt Service | $3,907 |
| DSCR Ratio | 0.79x |
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.
Single Family
Built in 1953
5,373 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91342, Sylmar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,165 (100%) |
| Owner Occupied HU | 17,110 (65.4%) |
| Renter Occupied HU | 8,395 (32.1%) |
| Vacant Housing Units | 660 ( 2.5%) |
| Median Home Value | $731,502 |
| Average Home Value | $774,583 |
Housing Distribution
Address Breakdown
Residential
25,568
Single Family
20,815
Multi-Family
4,753
Businesses
1,304
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
Single Family
Built in 1953
5,373 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91342, Sylmar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,165 (100%) |
| Owner Occupied HU | 17,110 (65.4%) |
| Renter Occupied HU | 8,395 (32.1%) |
| Vacant Housing Units | 660 ( 2.5%) |
| Median Home Value | $731,502 |
| Average Home Value | $774,583 |
Housing Distribution
Address Breakdown
Residential
25,568
Single Family
20,815
Multi-Family
4,753
Businesses
1,304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Juana Valenzuela • San Fernando Realty, Inc.
Mls Name: CRMLS
Mls ID: #SR25219696