7615 Glade Ave UNIT 114Canoga ParkCA91304
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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
Investment property for sale in Canoga Park at 7615 Glade Ave UNIT 114, Canoga Park, CA, 91304 listed at $699,000 pairs $6,008/mo rent with a $3,421/mo payment to leave $1,684/mo cash flow. Total monthly income runs $6,008/mo, and annual cash flow reaches $20,209/yr on $229,971 cash to close. Return on cash invested measures 28.85% in year one, and rental yield registers 10.31% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 150.75% and total cumulative return in cash totals $346,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,008/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1982
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91304, Canoga Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,491 (100%) |
| Owner Occupied HU | 8,842 (50.6%) |
| Renter Occupied HU | 8,068 (46.1%) |
| Vacant Housing Units | 581 ( 3.3%) |
| Median Home Value | $869,131 |
| Average Home Value | $897,868 |
Housing Distribution
Address Breakdown
Residential
17,809
Single Family
10,401
Multi-Family
7,408
Businesses
1,099
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Listed by: Ramona Nazarimasihi • Rodeo Realty
Mls Name: CRMLS
Mls ID: #SR26007086