9854 Canby AveNorthridgeCA91325
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 Northridge at 9854 Canby Ave, Northridge, CA, 91325 uses $271,425 cash to close to unlock $20,284/yr annual cash flow and $1,690/mo monthly cash flow. Total monthly income runs $6,794/mo, and a $4,038/mo payment keeps the spread at $1,690/mo. Purchase price stands at $825,000, and rental yield measures 9.88% with $6,794/mo rent. Return on cash invested shows 27.53% in year one, and 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 143.7% and total cumulative return in cash records $390,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,794/mo property income covering a $4,038/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.31 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theresa La Roche • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #PW25200582