8540 De Soto Ave UNIT 49Canoga 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 8540 De Soto Ave UNIT 49, Canoga Park, CA, 91304 listed at $649,000 pairs $4,439/mo rent with a $3,177/mo payment to leave $424/mo cash flow. Total monthly income runs $4,439/mo, and annual cash flow reaches $5,084/yr on $213,521 cash to close. Return on cash invested measures 22.44% in year one, and rental yield registers 8.21% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 116.39% and total cumulative return in cash totals $248,508. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,439/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
5.44 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: Raz Zadorian • Rockwell Properties
Mls Name: CRMLS
Mls ID: #GD25163803