24604 Apple StSanta 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 24604 Apple St, Santa Clarita, CA, 91321 priced at $1,395,000 pairs $6,433/mo rent with after a $6,828/mo payment. Total monthly income equals $6,433/mo. Return on cash invested is 14.54% in year one, and rental yield stands at 5.53% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 73.94% and total cumulative return in cash reaches $334,186. For financing, Ziffy Mortgage’s DSCR program evaluates $6,433/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.32 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: Tricia Fossa • RE/MAX Gateway
Mls Name: CRMLS
Mls ID: #SR26003646