7028 Alabama AveCanoga ParkCA91303
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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 Canoga Park at 7028 Alabama Ave, Canoga Park, CA, 91303 listed at $1,745,000 pairs $2,806/mo rent with a $8,541/mo payment. Total monthly income runs $2,806/mo. Return on cash invested measures 3.41% in year one, and rental yield registers 1.93% at a $1,745,000 basis. Equity gained on principal adds $11,260/yr, and annual property appreciation at 5% supports $482,111 by year five. Five-year ROI tracks 14.29% and total cumulative return in cash totals $80,783. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,806/mo property income relative to a $8,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1977
7,503 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,164
Single Family
3,675
Multi-Family
7,489
Businesses
1,698
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Listed by: Braemon Hanes • Hanes Investment Rlty
Mls Name: CRMLS
Mls ID: #SR25173626