10929 Morrison St APT 4North HollywoodCA91601
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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 10929 Morrison St APT 4, North Hollywood, CA, 91601 uses $197,071 cash to close to unlock $6,531/yr annual cash flow and $544/mo monthly cash flow. Total monthly income runs $4,250/mo, and a $2,932/mo payment keeps the spread at $544/mo. Purchase price stands at $599,000, and rental yield measures 8.51% with $4,250/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 121.4% and total cumulative return in cash records $239,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,250/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91601, North Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,642 (100%) |
| Owner Occupied HU | 3,594 (16.6%) |
| Renter Occupied HU | 16,756 (77.4%) |
| Vacant Housing Units | 1,292 ( 6.0%) |
| Median Home Value | $968,670 |
| Average Home Value | $1,099,128 |
Housing Distribution
Address Breakdown
Residential
19,834
Single Family
6,223
Multi-Family
13,611
Businesses
1,566
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Listed by: Celine Lo • Paramount Realty
Mls Name: CLAW
Mls ID: #25612491