12940 Riverside Dr APT 102Sherman OaksCA91423
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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 Sherman Oaks at 12940 Riverside Dr APT 102, Sherman Oaks, CA, 91423 generates $3,676/mo in rent and, after a $2,863/mo payment, leaves $57/mo in cash flow. Total monthly income is $3,676/mo, and annual cash flow is $688/yr on $192,465 invested. Return on cash invested sits at 20.42% in year one, and rental yield is 7.54% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 105.55% and total cumulative return in cash sums $203,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,676/mo property income rather than buyer’s personal income.
Condo
Built in 1977
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91423, Sherman Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,192 (100%) |
| Owner Occupied HU | 5,799 (35.8%) |
| Renter Occupied HU | 9,370 (57.9%) |
| Vacant Housing Units | 1,023 ( 6.3%) |
| Median Home Value | $1,482,026 |
| Average Home Value | $1,509,552 |
Housing Distribution
Address Breakdown
Residential
15,535
Single Family
6,051
Multi-Family
9,484
Businesses
1,185
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Listed by: Gabriela Milla • Douglas Elliman
Mls Name: CLAW
Mls ID: #25605273