18724 Frankfort StNorthridgeCA91324
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 18724 Frankfort St, Northridge, CA, 91324 in Northridge speaks for itself: 10.29% gross on a $899,000 price, generating $7,705/mo in rent and $2,144/mo in net income after the $4,042/mo debt service. DSCR 1.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $25,726 stacks alongside $248,377 in projected five-year appreciation and $8,280/yr in principal reduction. Projected total cumulative return: $478,856.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.0% |
| Monthly Cash Flow | $2,144 | $1,500 |
City averages based on Northridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,705 |
| Total Monthly Debt Service | $5,204 |
| DSCR Ratio | 1.48x |
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.
Single Family
Built in 1962
7,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91324, Northridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,929 (100%) |
| Owner Occupied HU | 4,792 (43.8%) |
| Renter Occupied HU | 5,404 (49.4%) |
| Vacant Housing Units | 733 ( 6.7%) |
| Median Home Value | $895,211 |
| Average Home Value | $961,205 |
Housing Distribution
Address Breakdown
Residential
10,824
Single Family
5,914
Multi-Family
4,910
Businesses
2,122
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 1962
7,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91324, Northridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,929 (100%) |
| Owner Occupied HU | 4,792 (43.8%) |
| Renter Occupied HU | 5,404 (49.4%) |
| Vacant Housing Units | 733 ( 6.7%) |
| Median Home Value | $895,211 |
| Average Home Value | $961,205 |
Housing Distribution
Address Breakdown
Residential
10,824
Single Family
5,914
Multi-Family
4,910
Businesses
2,122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices