17811 Devonshire StNorthridgeCA91325
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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 Northridge at 17811 Devonshire St, Northridge, CA, 91325 generates $3,294/mo in rent, after a $3,181/mo payment. Total monthly income is $3,294/mo. Return on cash invested sits at 15.98% in year one, and rental yield is 6.08% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 81.76% and total cumulative return in cash sums $174,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,294/mo property income rather than buyer’s personal income.
Condo
Built in 1980
1.43 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
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Listed by: Frank Spencer • Mr. Chatsworth Realty
Mls Name: CRMLS
Mls ID: #AR25277004