10215 Variel Ave UNIT 11ChatsworthCA91311
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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 Chatsworth at 10215 Variel Ave UNIT 11, Chatsworth, CA, 91311 listed at $635,000 pairs $4,325/mo rent with a $3,108/mo payment to leave $397/mo cash flow. Total monthly income runs $4,325/mo, and annual cash flow reaches $4,761/yr on $208,915 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 8.17% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 115.83% and total cumulative return in cash totals $241,988. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,325/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91311, Chatsworth, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,224 (100%) |
| Owner Occupied HU | 9,595 (63.0%) |
| Renter Occupied HU | 4,968 (32.6%) |
| Vacant Housing Units | 661 ( 4.3%) |
| Median Home Value | $909,440 |
| Average Home Value | $1,018,469 |
Housing Distribution
Address Breakdown
Residential
14,771
Single Family
11,007
Multi-Family
3,764
Businesses
2,754
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Listed by: Jaime L Krupnick • Engel & Voelkers, Westlake Village
Mls Name: CSMAOR
Mls ID: #225004145