24143 Del Monte Dr UNIT 282Santa 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
Rental property for sale in Santa Clarita at 24143 Del Monte Dr UNIT 282, Santa Clarita, CA, 91355 generates $2,888/mo in rent and, after a $2,056/mo payment, leaves $290/mo in cash flow. Total monthly income is $2,888/mo, and annual cash flow is $3,474/yr on $139,230 invested. Return on cash invested sits at 22.4% in year one, and rental yield is 8.25% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 116.23% and total cumulative return in cash sums $161,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,888/mo property income rather than buyer’s personal income.
Condo
Built in 1989
19.34 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: Amy Warner • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #SR25173125