8408 N Fresco WayNorthridgeCA91325
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 8408 N Fresco Way, Northridge, CA, 91325 in Northridge worth modelling. At $788,000 with a 7.6% gross yield, the $4,993/mo rent leaves $15/mo after the $3,543/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.41 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $217,710 by year five; $7,258/yr in principal reduction adds further equity. Total projected return: $306,471.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $15 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,993 |
| Total Monthly Debt Service | $4,561 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
1,080 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
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
Single Family
Built in 2021
1,080 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CLAW
Mls ID: #26858689