24220 Mentry DrSanta ClaritaCA91321
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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 24220 Mentry Dr, Santa Clarita, CA, 91321 generates $6,799/mo in rent and, after a $4,503/mo payment, leaves $1,108/mo in cash flow. Total monthly income is $6,799/mo, and annual cash flow is $13,292/yr on $302,680 invested. Return on cash invested sits at 24.45% in year one, and rental yield is 8.87% on a $919,999 entry. Equity gained on principal adds $5,937/yr, while 5% annual appreciation builds toward $254,179 over five years. Five-year ROI reaches 127.16% and total cumulative return in cash sums $384,890. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,799/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.26 Acres 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: Frances Reinoso • Keller Williams Premier Prop
Mls Name: CRMLS
Mls ID: #TR25193785