14607 Erwin St Unit 107Van NuysCA91411
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing14607 Erwin St Unit 107, Van Nuys, CA, 91411 in Van Nuys is a stable, well-positioned rental at $629,000. Rental yield 6.13%. DSCR 1.14 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $173,781 in value and $5,793/yr in principal paydown builds equity, a total projected return of $194,775.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.5% |
| Monthly Cash Flow | $(1,220) | $350 |
City averages based on Van Nuys market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,211 |
| Total Monthly Debt Service | $3,641 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1980
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91411, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,926 (100%) |
| Owner Occupied HU | 2,802 (25.6%) |
| Renter Occupied HU | 7,678 (70.3%) |
| Vacant Housing Units | 446 ( 4.1%) |
| Median Home Value | $971,090 |
| Average Home Value | $1,037,802 |
Housing Distribution
Address Breakdown
Residential
10,057
Single Family
3,306
Multi-Family
6,751
Businesses
1,430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1980
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91411, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,926 (100%) |
| Owner Occupied HU | 2,802 (25.6%) |
| Renter Occupied HU | 7,678 (70.3%) |
| Vacant Housing Units | 446 ( 4.1%) |
| Median Home Value | $971,090 |
| Average Home Value | $1,037,802 |
Housing Distribution
Address Breakdown
Residential
10,057
Single Family
3,306
Multi-Family
6,751
Businesses
1,430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #GD26062592