23777 Mulholland Hwy Space 190CalabasasCA91302
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
Investment Highlights
Investment property for sale in Calabasas at 23777 Mulholland Hwy Space 190, Calabasas, CA, 91302 uses $99,119 cash to close to unlock $2,565/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $2,063/mo, and a $1,463/mo payment keeps the spread at $214/mo. Purchase price stands at $299,000, and rental yield measures 8.28% with $2,063/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 116.71% and total cumulative return in cash records $115,678. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,063/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
N/A 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: Ren Smith • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25523261