1111 CherokeeTopangaCA90290
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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
Rental property for sale in Topanga at 1111 Cherokee, Topanga, CA, 90290 generates $3,498/mo in rent, after a $2,927/mo payment. Total monthly income is $3,498/mo. Return on cash invested sits at 18.83% in year one, and rental yield is 7.02% on a $598,000 entry. Equity gained on principal adds $3,859/yr, while 5% annual appreciation builds toward $165,216 over five years. Five-year ROI reaches 97.03% and total cumulative return in cash sums $190,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,498/mo property income rather than buyer’s personal income.
Condo
Built in 1998
34.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90290, Topanga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,759 (100%) |
| Owner Occupied HU | 1,945 (70.5%) |
| Renter Occupied HU | 621 (22.5%) |
| Vacant Housing Units | 193 ( 7.0%) |
| Median Home Value | $1,710,253 |
| Average Home Value | $1,674,781 |
Housing Distribution
Address Breakdown
Residential
2,416
Single Family
2,416
Multi-Family
0
Businesses
274
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Listed by: Tanya Starcevich • Keller Williams Los Angeles
Mls Name: CLAW
Mls ID: #25611613