18842 Lemay StResedaCA91335
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.47% yield at 18842 Lemay St, Reseda, CA, 91335 in Reseda is solid, but the $3,593/mo payment compresses net cash flow to $30/mo at $799,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $220,749 by year five, and $7,359/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.38) without U.S. income documentation. Total projected return: $304,887.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.0% |
| Monthly Cash Flow | $30 | $1,500 |
City averages based on Reseda market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,973 |
| Total Monthly Debt Service | $4,625 |
| 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.
Single Family
Built in 1956
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91335, Reseda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,471 (100%) |
| Owner Occupied HU | 11,825 (46.4%) |
| Renter Occupied HU | 12,792 (50.2%) |
| Vacant Housing Units | 854 ( 3.4%) |
| Median Home Value | $771,763 |
| Average Home Value | $826,559 |
Housing Distribution
Address Breakdown
Residential
24,580
Single Family
14,594
Multi-Family
9,986
Businesses
1,586
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 1956
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91335, Reseda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,471 (100%) |
| Owner Occupied HU | 11,825 (46.4%) |
| Renter Occupied HU | 12,792 (50.2%) |
| Vacant Housing Units | 854 ( 3.4%) |
| Median Home Value | $771,763 |
| Average Home Value | $826,559 |
Housing Distribution
Address Breakdown
Residential
24,580
Single Family
14,594
Multi-Family
9,986
Businesses
1,586
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherri Kashanian • Extar
Mls Name: CLAW
Mls ID: #25595683