8945 Baird AveNorthridgeCA91324
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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 Northridge at 8945 Baird Ave, Northridge, CA, 91324 listed at $699,999 pairs $4,450/mo rent with a $3,426/mo payment to leave $120/mo cash flow. Total monthly income runs $4,450/mo, and annual cash flow reaches $1,438/yr on $230,300 cash to close. Return on cash invested measures 20.68% in year one, and rental yield registers 7.63% at a $699,999 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 106.96% and total cumulative return in cash totals $246,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,450/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
6,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91324, Northridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,929 (100%) |
| Owner Occupied HU | 4,792 (43.8%) |
| Renter Occupied HU | 5,404 (49.4%) |
| Vacant Housing Units | 733 ( 6.7%) |
| Median Home Value | $895,211 |
| Average Home Value | $961,205 |
Housing Distribution
Address Breakdown
Residential
10,824
Single Family
5,914
Multi-Family
4,910
Businesses
2,122
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Listed by: Jennifer Landon • Landon Realty Group
Mls Name: CRMLS
Mls ID: #SR25216209