9950 Reseda Blvd Unit 17NorthridgeCA91324
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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 9950 Reseda Blvd Unit 17, Northridge, CA, 91324 uses $243,131 cash to close to unlock $3,377/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $4,853/mo, and a $3,617/mo payment keeps the spread at $281/mo. Purchase price stands at $739,000, and rental yield measures 7.88% with $4,853/mo rent. Return on cash invested shows 21.45% in year one, and 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 111.07% and total cumulative return in cash records $270,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,853/mo property income covering a $3,617/mo payment rather than investor’s personal income.
Condo
Built in 1973
3.28 Acres 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: Sherry Mavali • Coldwell Banker Platinum Prop
Mls Name: CRMLS
Mls ID: #OC26018633