17529 Lanark StNorthridgeCA91325
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing17529 Lanark St, Northridge, CA, 91325 in Northridge is a stable, well-positioned rental at $775,000. Rental yield 6.69%. DSCR 1.24 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $214,118 in value and $7,138/yr in principal paydown builds equity, a total projected return of $263,322.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 5.0% |
| Monthly Cash Flow | $(474) | $1,500 |
City averages based on Northridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,320 |
| Total Monthly Debt Service | $4,486 |
| DSCR Ratio | 0.96x |
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 1952
6,061 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91325, Northridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 5,799 (43.3%) |
| Renter Occupied HU | 6,816 (50.9%) |
| Vacant Housing Units | 771 ( 5.8%) |
| Median Home Value | $940,431 |
| Average Home Value | $1,007,862 |
Housing Distribution
Address Breakdown
Residential
12,680
Single Family
6,437
Multi-Family
6,243
Businesses
636
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 1952
6,061 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91325, Northridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 5,799 (43.3%) |
| Renter Occupied HU | 6,816 (50.9%) |
| Vacant Housing Units | 771 ( 5.8%) |
| Median Home Value | $940,431 |
| Average Home Value | $1,007,862 |
Housing Distribution
Address Breakdown
Residential
12,680
Single Family
6,437
Multi-Family
6,243
Businesses
636
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joel Mayberry • Keller Williams North Valley
Mls Name: CRMLS
Mls ID: #SR25218872