16948 Forrest StCanyon CountryCA91351
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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 Canyon Country at 16948 Forrest St, Canyon Country, CA, 91351 generates $4,284/mo in rent and, after a $3,353/mo payment, leaves $46/mo in cash flow. Total monthly income is $4,284/mo, and annual cash flow is $554/yr on $225,365 invested. Return on cash invested sits at 20.31% in year one, and rental yield is 7.5% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 104.95% and total cumulative return in cash sums $236,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,284/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
8,014 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91351, Canyon Country, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,498 (100%) |
| Owner Occupied HU | 8,569 (74.5%) |
| Renter Occupied HU | 2,635 (22.9%) |
| Vacant Housing Units | 294 ( 2.6%) |
| Median Home Value | $659,122 |
| Average Home Value | $677,510 |
Housing Distribution
Address Breakdown
Residential
10,725
Single Family
9,605
Multi-Family
1,120
Businesses
912
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Listed by: Errol Valladares • RE/MAX of Santa Clarita
Mls Name: CRMLS
Mls ID: #SR25142206