2016 Mount Prospect DrTopangaCA90290
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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 Topanga at 2016 Mount Prospect Dr, Topanga, CA, 90290 offers a 4.8% rental yield on a $1,589,000 purchase with $6,361/mo rent. 29% in year one. Equity gained on principal adds $10,254/yr while 5% annual appreciation supports $439,011 over five years. Portfolio math shows five-year ROI at 61.86% and total cumulative return in cash at $318,474. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,361/mo property income against a $7,777/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90290, Topanga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,759 (100%) |
| Owner Occupied HU | 1,945 (70.5%) |
| Renter Occupied HU | 621 (22.5%) |
| Vacant Housing Units | 193 ( 7.0%) |
| Median Home Value | $1,710,253 |
| Average Home Value | $1,674,781 |
Housing Distribution
Address Breakdown
Residential
2,416
Single Family
2,416
Multi-Family
0
Businesses
274
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Listed by: James Geller • The ONE Luxury Properties
Mls Name: CSMAOR
Mls ID: #225004801