5403 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 5403 Newcastle Ave APT 28, Encino, CA, 91316 earns $711/mo cash flow from $3,185/mo rent with a $1,957/mo payment. Total monthly income totals $3,185/mo, and annual cash flow totals $8,538/yr on $132,567 capital. ROI tracks 26.35% on current figures, and rental yield reads 9.56% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 137.38% and total cumulative return in cash sums $182,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,185/mo property income instead of your personal income.
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: Hooman Zahedi • Redfin Corporation
Mls Name: CRMLS
Mls ID: #BB25207447