7025 Glade Ave UNIT 11, Canoga Park, CA, 91303 | $127/mo Cash Flow

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7025 Glade Ave UNIT 11, Canoga Park, CA, 91303 | $127/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Canoga Park at 7025 Glade Ave UNIT 11, Canoga Park, CA, 91303 offers a 7.78% rental yield on a $425,000 purchase with $2,756/mo rent. Total monthly income registers $2,756/mo, and a $2,080/mo payment leaves $127/mo available for distribution. Annual cash flow reaches $1,524/yr on $140,888 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 108.67% and total cumulative return in cash at $153,101. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,756/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1985

1.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover a hidden gem at 7025 Glade Ave, Unit #11, in very quiet corner of vibrant Canoga Park! This beautifully maintained 2-bedroom, 2-bathroom condo offers the perfect blend of style, comfort, and convenience. Step inside to find a bright and open living space filled with natural light, featuring contemporary finishes that create a welcoming atmosphere. The kitchen offer ample cabinet space and an in unit washer and dryer. Both bedrooms are generously sized with large closets and en-suite bathrooms, offering a serene retreat for relaxation. Need a breath of fresh air? Step out onto your private balcony, the perfect spot to enjoy your morning coffee or unwind after a busy day. Beyond your door, the community features a sparkling pool for sunny days and a private in unit washer and dryer. Nestled in a prime location, you're just minutes away from local shopping, dining, and entertainment hotspots, with easy access to major highways and public transportation. Whether you're a first-time homebuyer, young professional, or someone looking for a cozy space to call home, this unit is sure to exceed your expectations. Water and trash included in HOA dues.2 tandem parking spots. Washer/Dryer inside unit. Gated complex. Quiet neighborhood.

Neighborhood Data

Neighborhood data shown for ZIP Code: 91303, Canoga Park, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,665 (100%)
Owner Occupied HU	2,503 (21.5%)
Renter Occupied HU	8,482 (72.7%)
Vacant Housing Units	680 ( 5.8%)
Median Home Value	$781,980
Average Home Value	$891,188