5349 Newcastle Ave APT 28EncinoCA91316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Encino at 5349 Newcastle Ave APT 28, Encino, CA, 91316 offers a 9.63% rental yield on a $399,900 purchase with $3,208/mo rent. Total monthly income registers $3,208/mo, and a $1,957/mo payment leaves $734/mo available for distribution. Annual cash flow reaches $8,814/yr on $132,567 to close, and return on cash invested stands at 26.56% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 138.49% and total cumulative return in cash at $183,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,208/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1967
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91316, Encino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,136 (100%) |
| Owner Occupied HU | 6,118 (46.6%) |
| Renter Occupied HU | 6,415 (48.8%) |
| Vacant Housing Units | 603 ( 4.6%) |
| Median Home Value | $1,011,586 |
| Average Home Value | $1,265,280 |
Housing Distribution
Address Breakdown
Residential
12,797
Single Family
5,530
Multi-Family
7,267
Businesses
938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee Delgado • Sync Brokerage Inc
Mls Name: CSMAOR
Mls ID: #226000074