23450 Glenridge DrSanta ClaritaCA91321
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 23450 Glenridge Dr, Santa Clarita, CA, 91321 in Santa Clarita is a conservative rental investment at $1,129,000. Rental yield 6.97%. A 1.29 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $311,922; $10,398/yr in principal paydown supplements. Total projected return: $366,114.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 5.5% |
| Monthly Cash Flow | $(1,001) | $1,500 |
City averages based on Santa Clarita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,553 |
| Total Monthly Debt Service | $7,105 |
| DSCR Ratio | 0.92x |
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.
Single Family
Built in 1987
5,545 sqft lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91321, Newhall, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,427 (100%) |
| Owner Occupied HU | 6,445 (56.4%) |
| Renter Occupied HU | 4,599 (40.2%) |
| Vacant Housing Units | 383 ( 3.4%) |
| Median Home Value | $789,338 |
| Average Home Value | $797,431 |
Housing Distribution
Address Breakdown
Residential
11,405
Single Family
9,030
Multi-Family
2,375
Businesses
1,008
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
Single Family
Built in 1987
5,545 sqft lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91321, Newhall, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,427 (100%) |
| Owner Occupied HU | 6,445 (56.4%) |
| Renter Occupied HU | 4,599 (40.2%) |
| Vacant Housing Units | 383 ( 3.4%) |
| Median Home Value | $789,338 |
| Average Home Value | $797,431 |
Housing Distribution
Address Breakdown
Residential
11,405
Single Family
9,030
Multi-Family
2,375
Businesses
1,008
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices