7420 Corbin Ave UNIT 12ResedaCA91335
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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
Investment Highlights
Rental property for sale in Reseda at 7420 Corbin Ave UNIT 12, Reseda, CA, 91335 generates $3,829/mo in rent and, after a $2,883/mo payment, leaves $185/mo in cash flow. Total monthly income is $3,829/mo, and annual cash flow is $2,222/yr on $193,781 invested. Return on cash invested sits at 21.21% in year one, and rental yield is 7.8% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 109.78% and total cumulative return in cash sums $212,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,829/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91335, Reseda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,471 (100%) |
| Owner Occupied HU | 11,825 (46.4%) |
| Renter Occupied HU | 12,792 (50.2%) |
| Vacant Housing Units | 854 ( 3.4%) |
| Median Home Value | $771,763 |
| Average Home Value | $826,559 |
Housing Distribution
Address Breakdown
Residential
24,580
Single Family
14,594
Multi-Family
9,986
Businesses
1,586
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Listed by: Ralph Remo Packer • eXp Realty of California Inc
Mls Name: CLAW
Mls ID: #25600015