21041 Lanark StCanoga 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
Rental property for sale in Canoga Park at 21041 Lanark St, Canoga Park, CA, 91304 generates $5,482/mo in rent and, after a $4,155/mo payment, leaves $230/mo in cash flow. Total monthly income is $5,482/mo, and annual cash flow is $2,764/yr on $279,321 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 7.75% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 108.93% and total cumulative return in cash sums $304,256. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,482/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
7,510 sqft 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: Robert Acio • JohnHart Real Estate
Mls Name: CRMLS
Mls ID: #SR25142720