18114 Erik Ct UNIT 5131Canyon CountryCA91387
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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
Investment Highlights
Investment property for sale in Canyon Country at 18114 Erik Ct UNIT 5131, Canyon Country, CA, 91387 offers a 12.22% rental yield on a $347,031 purchase with $3,535/mo rent. Total monthly income registers $3,535/mo, and a $1,699/mo payment leaves $1,181/mo available for distribution. Annual cash flow reaches $14,172/yr on $115,041 to close, and return on cash invested stands at 32.23% in year one. Equity gained on principal adds $2,239/yr while 5% annual appreciation supports $95,878 over five years. Portfolio math shows five-year ROI at 169.67% and total cumulative return in cash at $195,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,535/mo property income against a $1,699/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A