8408 Fable AveCanoga ParkCA91304
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow8408 Fable Ave, Canoga Park, CA, 91304 in Canoga Park is a top-tier cash-flow asset. At $999,000 it produces $9,308/mo in rent and $2,824/mo in net monthly income, a 11.18% gross rental yield. The DSCR of 2.07 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $33,885. Five-year appreciation adds $276,005, driving a total cumulative return of $561,794.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $2,824 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $9,308 |
| Total Monthly Debt Service | $6,087 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1964
0.25 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
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
Single Family
Built in 1964
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices