10409 Riverside Dr UNIT 203North HollywoodCA91602
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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 North Hollywood at 10409 Riverside Dr UNIT 203, North Hollywood, CA, 91602 listed at $849,000 pairs $5,938/mo rent with a $4,155/mo payment to leave $686/mo cash flow. Total monthly income runs $5,938/mo, and annual cash flow reaches $8,236/yr on $279,321 cash to close. Return on cash invested measures 23.01% in year one, and rental yield registers 8.39% at a $849,000 basis. Equity gained on principal adds $5,478/yr, and annual property appreciation at 5% supports $234,563 by year five. Five-year ROI tracks 119.44% and total cumulative return in cash totals $333,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,938/mo property income relative to a $4,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91602, North Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,827 (100%) |
| Owner Occupied HU | 2,954 (30.1%) |
| Renter Occupied HU | 6,379 (64.9%) |
| Vacant Housing Units | 494 ( 5.0%) |
| Median Home Value | $1,244,125 |
| Average Home Value | $1,347,359 |
Housing Distribution
Address Breakdown
Residential
10,433
Single Family
3,460
Multi-Family
6,973
Businesses
572
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Listed by: Craig Strong • Compass
Mls Name: CLAW
Mls ID: #25618767