15015 Sherman Way APT 314Van NuysCA91405
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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 15015 Sherman Way APT 314, Van Nuys, CA, 91405 earns $1,109/mo cash flow from $3,428/mo rent with a $1,835/mo payment. Total monthly income totals $3,428/mo, and annual cash flow totals $13,303/yr on $124,313 capital. ROI tracks 30.61% on current figures, and rental yield reads 10.97% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 160.23% and total cumulative return in cash sums $199,191. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,428/mo property income instead of your personal income.
Condo
Built in 1986
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91405, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,513 (100%) |
| Owner Occupied HU | 4,710 (25.4%) |
| Renter Occupied HU | 13,146 (71.0%) |
| Vacant Housing Units | 657 ( 3.5%) |
| Median Home Value | $778,832 |
| Average Home Value | $779,347 |
Housing Distribution
Address Breakdown
Residential
19,000
Single Family
6,087
Multi-Family
12,913
Businesses
1,745
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Listed by: Akruti Ajmera • Real Brokerage Technologies, Inc.
Mls Name: CRMLS
Mls ID: #SR25161200