31311 The Old Rd UNIT BCastaicCA91384
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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 Castaic at 31311 The Old Rd UNIT B, Castaic, CA, 91384 listed at $529,995 pairs $2,580/mo rent with a $2,594/mo payment. Total monthly income runs $2,580/mo. Return on cash invested measures 15.25% in year one, and rental yield registers 5.84% at a $529,995 basis. Equity gained on principal adds $3,420/yr, and annual property appreciation at 5% supports $146,428 by year five. Five-year ROI tracks 77.84% and total cumulative return in cash totals $135,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,580/mo property income relative to a $2,594/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
5.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91384, Castaic, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,696 (100%) |
| Owner Occupied HU | 6,290 (81.7%) |
| Renter Occupied HU | 1,234 (16.0%) |
| Vacant Housing Units | 172 ( 2.2%) |
| Median Home Value | $810,154 |
| Average Home Value | $870,566 |
Housing Distribution
Address Breakdown
Residential
7,183
Single Family
6,755
Multi-Family
428
Businesses
265
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Listed by: Casey Schein • RE/MAX of Santa Clarita
Mls Name: CRMLS
Mls ID: #SR25278197