18110 Erik Ct UNIT 592Canyon CountryCA91387
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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
Investment property for sale in Canyon Country at 18110 Erik Ct UNIT 592, Canyon Country, CA, 91387 listed at $459,000 pairs $3,577/mo rent with a $2,247/mo payment to leave $737/mo cash flow. Total monthly income runs $3,577/mo, and annual cash flow reaches $8,845/yr on $152,159 cash to close. Return on cash invested measures 25.72% in year one, and rental yield registers 9.35% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Five-year ROI tracks 134.04% and total cumulative return in cash totals $203,951. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,577/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1993
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91387, Canyon Country, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,767 (100%) |
| Owner Occupied HU | 9,272 (55.3%) |
| Renter Occupied HU | 6,893 (41.1%) |
| Vacant Housing Units | 602 ( 3.6%) |
| Median Home Value | $806,674 |
| Average Home Value | $831,610 |
Housing Distribution
Address Breakdown
Residential
15,591
Single Family
14,004
Multi-Family
1,587
Businesses
283
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Listed by: Julie Shin • Julie Shin & Associates, Inc.
Mls Name: CRMLS
Mls ID: #SR25278846