23450 Newhall Ave SPACE 40NewhallCA91321
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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 Newhall at 23450 Newhall Ave SPACE 40, Newhall, CA, 91321 uses $91,163 cash to close to unlock $2,157/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,881/mo, and a $1,346/mo payment keeps the spread at $180/mo. Purchase price stands at $275,000, and rental yield measures 8.21% with $1,881/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 115.52% and total cumulative return in cash records $105,311. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,881/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No 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
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Listed by: Terrie Conway • Realty Executives SCV
Mls Name: CRMLS
Mls ID: #SR25163455