8954 Chimineas AveNorthridgeCA91325
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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 8954 Chimineas Ave, Northridge, CA, 91325 offers a 10.38% rental yield on a $879,000 purchase with $7,600/mo rent. Total monthly income registers $7,600/mo, and a $4,302/mo payment leaves $2,163/mo available for distribution. Annual cash flow reaches $25,951/yr on $289,191 to close, and return on cash invested stands at 29.03% in year one. Equity gained on principal adds $5,672/yr while 5% annual appreciation supports $242,851 over five years. Portfolio math shows five-year ROI at 151.73% and total cumulative return in cash at $438,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,600/mo property income against a $4,302/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91325, Northridge, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 5,799 (43.3%) |
| Renter Occupied HU | 6,816 (50.9%) |
| Vacant Housing Units | 771 ( 5.8%) |
| Median Home Value | $940,431 |
| Average Home Value | $1,007,862 |
Housing Distribution
Address Breakdown
Residential
12,680
Single Family
6,437
Multi-Family
6,243
Businesses
636
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Listed by: BETTY STONE • REGION 1 REALTY
Mls Name: CRMLS
Mls ID: #WS25160704