7050 Shoup Ave Unit 181Canoga ParkCA91303
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing7050 Shoup Ave Unit 181, Canoga Park, CA, 91303 in Canoga Park is a stable, well-positioned rental at $505,000. Rental yield 6.91%. DSCR 1.28 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $139,522 in value and $4,651/yr in principal paydown builds equity, a total projected return of $177,577.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.2% |
| Monthly Cash Flow | $(826) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,908 |
| Total Monthly Debt Service | $2,923 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
5.09 Acres 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
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
Condo
Built in 1977
5.09 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CLAW
Mls ID: #26827841