7050 Shoup Ave UNIT 225Canoga 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 7050 Shoup Ave UNIT 225, Canoga Park, CA, 91303 listed at $380,000 pairs $2,208/mo rent with a $1,860/mo payment. Total monthly income runs $2,208/mo. Return on cash invested measures 18.55% in year one, and rental yield registers 6.97% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 95.57% and total cumulative return in cash totals $120,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,208/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
221,602 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
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Listed by: Raquel Lopez • PAK Home Realty
Mls Name: CRMLS
Mls ID: #SR25264507