2861 Markridge RdLa CrescentaCA91214
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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 La Crescenta at 2861 Markridge Rd, La Crescenta, CA, 91214 earns from $5,156/mo rent with a $6,118/mo payment. Total monthly income totals $5,156/mo. ROI tracks 12.74% on current figures, and rental yield reads 4.95% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 64.28% and total cumulative return in cash sums $260,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,156/mo property income instead of your personal income.
Single Family
Built in 1951
7,267 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91214, La Crescenta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 7,580 (69.5%) |
| Renter Occupied HU | 2,976 (27.3%) |
| Vacant Housing Units | 343 ( 3.1%) |
| Median Home Value | $1,121,355 |
| Average Home Value | $1,167,165 |
Housing Distribution
Address Breakdown
Residential
10,976
Single Family
9,135
Multi-Family
1,841
Businesses
743
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Listed by: Alexander Gingrich • Engel & Volkers La Canada
Mls Name: CRMLS
Mls ID: #PF25236233