18117 Erik Ct UNIT 413Canyon CountryCA91387
INVESTMENT ANALYSIS
Investment Verdict
Solid Income18117 Erik Ct UNIT 413, Canyon Country, CA, 91387 in Canyon Country earns a respectable 9.18% gross yield at $449,000, but after the $2,019/mo mortgage the net cash flow is $62/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.70) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $124,050 over five years, making equity the dominant return driver. Total projected return: $176,828.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $62 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,433 |
| Total Monthly Debt Service | $3,192 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1993
1.26 Acres lot
$N/A/sqft
$450 monthly 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
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
Condo
Built in 1993
1.26 Acres lot
$N/A/sqft
$450 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek MacLean • Keller Williams Encino/Sherman Oaks
Mls Name: CRMLS
Mls Provider:
Mls ID: #SR24204498
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