23708 Oak CirNewhallCA91321
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 23708 Oak Cir, Newhall, CA, 91321 in Newhall is narrow, $162/mo net on $5,452/mo rent after the $3,845/mo debt service, but the property operates at break-even-plus, not a loss. At $855,000 with a 7.65% yield, the long-run equity case via 5% appreciation ($236,221 over five years) and $7,875/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.42 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $334,652.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.5% |
| Monthly Cash Flow | $162 | $1,200 |
City averages based on Newhall market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,452 |
| Total Monthly Debt Service | $4,949 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2002
6,564 sqft 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
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 2002
6,564 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Waldorf • Equity Union
Mls Name: CRMLS
Mls ID: #SR25188946