14610 Erwin St UNIT 212Van NuysCA91411
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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 Van Nuys at 14610 Erwin St UNIT 212, Van Nuys, CA, 91411 uses $139,228 cash to close to unlock $2,706/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $2,824/mo, and a $2,056/mo payment keeps the spread at $226/mo. Purchase price stands at $419,995, and rental yield measures 8.07% with $2,824/mo rent. Return on cash invested shows 21.85% in year one, and 5% annual appreciation builds toward $116,037 over five years. Five-year ROI reaches 113.27% and total cumulative return in cash records $157,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,824/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A 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
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Listed by: Mateo Esparrago • ME3, Inc.
Mls Name: CRMLS
Mls ID: #CV25234238