20930 Parthenia St UNIT 216Canoga ParkCA91304
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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 Canoga Park at 20930 Parthenia St UNIT 216, Canoga Park, CA, 91304 listed at $349,999 pairs $2,252/mo rent with a $1,713/mo payment to leave $87/mo cash flow. Total monthly income runs $2,252/mo, and annual cash flow reaches $1,043/yr on $116,025 cash to close. Return on cash invested measures 20.81% in year one, and rental yield registers 7.72% at a $349,999 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,698 by year five. Five-year ROI tracks 107.65% and total cumulative return in cash totals $124,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,252/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1976
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91304, Canoga Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,491 (100%) |
| Owner Occupied HU | 8,842 (50.6%) |
| Renter Occupied HU | 8,068 (46.1%) |
| Vacant Housing Units | 581 ( 3.3%) |
| Median Home Value | $869,131 |
| Average Home Value | $897,868 |
Housing Distribution
Address Breakdown
Residential
17,809
Single Family
10,401
Multi-Family
7,408
Businesses
1,099
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Listed by: Walter Baneggas • Keller Williams Realty Calabasas
Mls Name: CRMLS
Mls ID: #SR25277506