22016 Schoolcraft StCanoga ParkCA91303
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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 22016 Schoolcraft St, Canoga Park, CA, 91303 offers a 7.48% rental yield on a $827,351 purchase with $5,160/mo rent. Total monthly income registers $5,160/mo, and a $4,049/mo payment leaves $42/mo available for distribution. Annual cash flow reaches $508/yr on $272,198 to close, and return on cash invested stands at 20.25% in year one. Equity gained on principal adds $5,339/yr while 5% annual appreciation supports $228,582 over five years. Portfolio math shows five-year ROI at 104.62% and total cumulative return in cash at $284,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,160/mo property income against a $4,049/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,765 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91303, Canoga Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,665 (100%) |
| Owner Occupied HU | 2,503 (21.5%) |
| Renter Occupied HU | 8,482 (72.7%) |
| Vacant Housing Units | 680 ( 5.8%) |
| Median Home Value | $781,980 |
| Average Home Value | $891,188 |
Housing Distribution
Address Breakdown
Residential
11,164
Single Family
3,675
Multi-Family
7,489
Businesses
1,698
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Listed by: Alireza Khalilifard • RE/MAX One
Mls Name: CRMLS
Mls ID: #SR25096485