16255 Devonshire St UNIT 31Granada HillsCA91344
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
Investment Highlights
Rental property for sale in Granada Hills at 16255 Devonshire St UNIT 31, Granada Hills, CA, 91344 generates $3,728/mo in rent and, after a $2,447/mo payment, leaves $635/mo in cash flow. Total monthly income is $3,728/mo, and annual cash flow is $7,622/yr on $165,750 invested. Return on cash invested sits at 24.51% in year one, and rental yield is 8.95% on a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 127.51% and total cumulative return in cash sums $211,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,728/mo property income rather than buyer’s personal income.
Townhouse
Built in 1979
3.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91344, Granada Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,224 (100%) |
| Owner Occupied HU | 12,363 (71.8%) |
| Renter Occupied HU | 4,369 (25.4%) |
| Vacant Housing Units | 492 ( 2.9%) |
| Median Home Value | $884,742 |
| Average Home Value | $952,459 |
Housing Distribution
Address Breakdown
Residential
17,450
Single Family
15,271
Multi-Family
2,179
Businesses
887
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Listed by: Jeremy Gray • Keller Williams VIP Properties
Mls Name: CRMLS
Mls ID: #SR25198611