21500 Lassen St SPACE 89ChatsworthCA91311
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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 Chatsworth at 21500 Lassen St SPACE 89, Chatsworth, CA, 91311 offers a 8.02% rental yield on a $499,900 purchase with $3,343/mo rent. Total monthly income registers $3,343/mo, and a $2,447/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $3,003/yr on $165,717 to close, and return on cash invested stands at 21.72% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 112.57% and total cumulative return in cash at $186,540. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,343/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A 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
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Listed by: Paula Carson • JMS Sales, Inc.
Mls Name: My State MLS
Mls ID: #11352081