21241 Lassen St UNIT 1ChatsworthCA91311
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 21241 Lassen St UNIT 1, Chatsworth, CA, 91311 in Chatsworth. At $599,000 it earns $4,733/mo in rent and distributes $1,027/mo to the owner after the $2,693/mo payment, a consistent 9.48% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $165,493 in value; $5,517/yr in principal paydown compounds ownership stake. Total projected return: $293,308.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.2% |
| Monthly Cash Flow | $1,027 | $1,500 |
City averages based on Chatsworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,733 |
| Total Monthly Debt Service | $3,467 |
| DSCR Ratio | 1.37x |
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 1981
2.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91311, Chatsworth, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,224 (100%) |
| Owner Occupied HU | 9,595 (63.0%) |
| Renter Occupied HU | 4,968 (32.6%) |
| Vacant Housing Units | 661 ( 4.3%) |
| Median Home Value | $909,440 |
| Average Home Value | $1,018,469 |
Housing Distribution
Address Breakdown
Residential
14,771
Single Family
11,007
Multi-Family
3,764
Businesses
2,754
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 1981
2.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91311, Chatsworth, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,224 (100%) |
| Owner Occupied HU | 9,595 (63.0%) |
| Renter Occupied HU | 4,968 (32.6%) |
| Vacant Housing Units | 661 ( 4.3%) |
| Median Home Value | $909,440 |
| Average Home Value | $1,018,469 |
Housing Distribution
Address Breakdown
Residential
14,771
Single Family
11,007
Multi-Family
3,764
Businesses
2,754
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabriela Ericsson • PAK Home Realty
Mls Name: CRMLS
Mls ID: #SR25215653