1308 Salisbury RdLa Canada FlintridgeCA91011
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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
Investment property for sale in La Canada Flintridge at 1308 Salisbury Rd, La Canada Flintridge, CA, 91011 offers a 4.27% rental yield on a $1,599,000 purchase with $5,693/mo rent. 65% in year one. Equity gained on principal adds $10,318/yr while 5% annual appreciation supports $441,774 over five years. Portfolio math shows five-year ROI at 53.06% and total cumulative return in cash at $274,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,693/mo property income against a $7,826/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,529 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91011, La Canada Flintridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,048 (100%) |
| Owner Occupied HU | 5,870 (83.3%) |
| Renter Occupied HU | 888 (12.6%) |
| Vacant Housing Units | 290 ( 4.1%) |
| Median Home Value | $1,931,591 |
| Average Home Value | $1,819,493 |
Housing Distribution
Address Breakdown
Residential
7,069
Single Family
6,898
Multi-Family
171
Businesses
459
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Listed by: Jose Prats • Christie's International Real Estate SoCal
Mls Name: CLAW
Mls ID: #25585871