12867 Norris AveSylmarCA91342
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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
Investment Highlights
Rental property for sale in Sylmar at 12867 Norris Ave, Sylmar, CA, 91342 generates $3,253/mo in rent, after a $7,831/mo payment. Total monthly income is $3,253/mo. Return on cash invested sits at 4.99% in year one, and rental yield is 2.44% on a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation builds toward $442,051 over five years. Five-year ROI reaches 22.73% and total cumulative return in cash sums $117,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,253/mo property income rather than buyer’s personal income.
Multi Family
Built in 1959
0.33 Acres 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
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Listed by: Angel Garcia • Park Regency Realty
Mls Name: CRMLS
Mls ID: #SR25194666