14618 Gilmore St UNIT 8Van NuysCA91411
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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
Investment Highlights
Investment property for sale in Van Nuys at 14618 Gilmore St UNIT 8, Van Nuys, CA, 91411 earns $371/mo cash flow from $3,248/mo rent with a $2,276/mo payment. Total monthly income totals $3,248/mo, and annual cash flow totals $4,456/yr on $154,148 capital. ROI tracks 22.8% on current figures, and rental yield reads 8.38% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 118.35% and total cumulative return in cash sums $182,435. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,248/mo property income instead of your personal income.
Condo
Built in 2008
0.34 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
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Listed by: Barbara E Edwards • Redfin Corporation
Mls Name: GAVAR
Mls Provider:
Mls ID: #25003150
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.