23024 Park SorrentoCalabasasCA91302
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 23024 Park Sorrento, Calabasas, CA, 91302 in Calabasas is capital appreciation. Rental yield 3.6%. The 3.6% gross yield at $1,650,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $455,865 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.67) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $287,345.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 5.0% |
| Monthly Cash Flow | $(5,817) | $2,500 |
City averages based on Calabasas market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,950 |
| Total Monthly Debt Service | $9,551 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikki Abish • The Agency
Mls Name: CRMLS
Mls ID: #SR25269893