17645 Lemarsh StNorthridgeCA91325
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play17645 Lemarsh St, Northridge, CA, 91325 in Northridge is priced for appreciation, not yield. Rental yield 5.96%. At $1,390,500 with a 5.96% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $384,170 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.10) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $417,748.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 5.0% |
| Monthly Cash Flow | $(1,701) | $1,500 |
City averages based on Northridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,901 |
| Total Monthly Debt Service | $8,049 |
| DSCR Ratio | 0.86x |
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 2000
0.27 Acres 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 2000
0.27 Acres 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: Christopher Oliver • Realty One Group West
Mls Name: CRMLS
Mls ID: #WS26008730