31321 The Old Rd UNIT GCastaicCA91384
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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 31321 The Old Rd UNIT G, Castaic, CA, 91384 uses $138,899 cash to close to unlock $5,277/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $3,032/mo, and a $2,051/mo payment keeps the spread at $440/mo. Purchase price stands at $419,000, and rental yield measures 8.68% with $3,032/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 123.21% and total cumulative return in cash records $171,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,032/mo property income covering a $2,051/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A 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: Jessica Lane • Equity Union
Mls Name: CRMLS
Mls ID: #SR25168272