20424 Paseo AltisseNorthridgeCA91326
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 20424 Paseo Altisse, Northridge, CA, 91326 in Northridge earns a 9.95% gross yield at $734,000. Rent of $6,085/mo nets $743/mo after the $3,301/mo mortgage. The 1.84 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $202,791 and $6,760/yr in equity accumulation project a total cumulative return of $329,598.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.0% |
| Monthly Cash Flow | $743 | $1,500 |
City averages based on Northridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,085 |
| Total Monthly Debt Service | $5,050 |
| DSCR Ratio | 1.20x |
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.
Townhouse
Built in 2008
1.84 Acres lot
$N/A/sqft
$558 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91326, Northridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,721 (100%) |
| Owner Occupied HU | 10,578 (71.9%) |
| Renter Occupied HU | 3,731 (25.3%) |
| Vacant Housing Units | 412 ( 2.8%) |
| Median Home Value | $1,003,391 |
| Average Home Value | $1,159,866 |
Housing Distribution
Address Breakdown
Residential
14,440
Single Family
12,094
Multi-Family
2,346
Businesses
242
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
Townhouse
Built in 2008
1.84 Acres lot
$N/A/sqft
$558 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91326, Northridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,721 (100%) |
| Owner Occupied HU | 10,578 (71.9%) |
| Renter Occupied HU | 3,731 (25.3%) |
| Vacant Housing Units | 412 ( 2.8%) |
| Median Home Value | $1,003,391 |
| Average Home Value | $1,159,866 |
Housing Distribution
Address Breakdown
Residential
14,440
Single Family
12,094
Multi-Family
2,346
Businesses
242
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices