23024 Park SorrentoCalabasasCA91302
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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 Calabasas at 23024 Park Sorrento, Calabasas, CA, 91302 with 5% annual appreciation on a $1,998,000 basis while $8,016/mo rent supports operations. 32% in year one. Equity gained on principal adds $12,893/yr, and five-year appreciation sums $552,011 alongside rental yield of 4.81%. Five-year ROI measures 62.03% and total cumulative return in cash totals $401,583. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,016/mo property income versus a $9,779/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1974
3,729 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91302, Calabasas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,088 (100%) |
| Owner Occupied HU | 7,072 (70.1%) |
| Renter Occupied HU | 2,509 (24.9%) |
| Vacant Housing Units | 507 ( 5.0%) |
| Median Home Value | $1,699,486 |
| Average Home Value | $1,645,290 |
Housing Distribution
Address Breakdown
Residential
9,748
Single Family
7,873
Multi-Family
1,875
Businesses
936
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Listed by: Nikki Abish • The Agency
Mls Name: CRMLS
Mls ID: #SR25269893