8359 Deering AveCanoga ParkCA91304
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
Investment Highlights
Investment property for sale in Canoga Park at 8359 Deering Ave, Canoga Park, CA, 91304 listed at $875,000 pairs $6,101/mo rent with a $4,283/mo payment to leave $688/mo cash flow. Total monthly income runs $6,101/mo, and annual cash flow reaches $8,253/yr on $287,875 cash to close. Return on cash invested measures 22.93% in year one, and rental yield registers 8.37% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 118.99% and total cumulative return in cash totals $342,539. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,101/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
5,025 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Wilkinson • Keller Williams Coastal Prop
Mls Name: CRMLS
Mls ID: #RS25127865