23709 Del Monte Dr UNIT 224Santa ClaritaCA91355
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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 Santa Clarita at 23709 Del Monte Dr UNIT 224, Santa Clarita, CA, 91355 uses $177,660 cash to close to unlock $1,386/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $3,456/mo, and a $2,643/mo payment keeps the spread at $116/mo. Purchase price stands at $540,000, and rental yield measures 7.68% with $3,456/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 107.81% and total cumulative return in cash records $191,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,456/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Condo
Built in 1987
12.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91355, Valencia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,687 (100%) |
| Owner Occupied HU | 8,060 (58.9%) |
| Renter Occupied HU | 5,138 (37.5%) |
| Vacant Housing Units | 489 ( 3.6%) |
| Median Home Value | $819,123 |
| Average Home Value | $865,526 |
Housing Distribution
Address Breakdown
Residential
12,965
Single Family
8,179
Multi-Family
4,786
Businesses
2,929
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Listed by: Kiley Viramontes • RE/MAX of Santa Clarita
Mls Name: CRMLS
Mls ID: #SR25204130