2908 Highridge 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
Rental property for sale in La Crescenta at 2908 Highridge Rd, La Crescenta, CA, 91214 generates $4,648/mo in rent, after a $5,262/mo payment. Total monthly income is $4,648/mo. Return on cash invested sits at 13.47% in year one, and rental yield is 5.19% on a $1,075,000 entry. Equity gained on principal adds $6,937/yr, while 5% annual appreciation builds toward $297,003 over five years. Five-year ROI reaches 68.22% and total cumulative return in cash sums $237,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,648/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
6,073 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: Samuel Heller • Realty World Legends of Santa Clarita Valley Inc.
Mls Name: CRMLS
Mls ID: #SR25269550