12044 Hoffman St UNIT 204Studio CityCA91604
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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 Studio City at 12044 Hoffman St UNIT 204, Studio City, CA, 91604 uses $310,905 cash to close to unlock $1,996/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $6,012/mo, and a $4,625/mo payment keeps the spread at $166/mo. Purchase price stands at $945,000, and rental yield measures 7.63% with $6,012/mo rent. Return on cash invested shows 20.7% in year one, and 5% annual appreciation builds toward $261,086 over five years. Five-year ROI reaches 107.06% and total cumulative return in cash records $332,860. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,012/mo property income covering a $4,625/mo payment rather than investor’s personal income.
Condo
Built in 2007
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91604, Studio City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,080 (100%) |
| Owner Occupied HU | 6,632 (44.0%) |
| Renter Occupied HU | 7,601 (50.4%) |
| Vacant Housing Units | 847 ( 5.6%) |
| Median Home Value | $1,657,401 |
| Average Home Value | $1,626,836 |
Housing Distribution
Address Breakdown
Residential
14,917
Single Family
7,151
Multi-Family
7,766
Businesses
1,289
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Listed by: George Andrianopoulos • Equity Union
Mls Name: CRMLS
Mls ID: #SR25160249