15141 Covello StVan NuysCA91405
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 15141 Covello St, Van Nuys, CA, 91405 in Van Nuys at $1,998,000, 2.62% gross yield, is a market-growth asset. Rental yield 2.62%. The $4,355/mo rent partially funds the $8,984/mo debt service; the core return is the 5%/yr price growth projected to add $552,011 over five years. Ziffy Mortgage's DSCR mortgage (0.48) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $242,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.5% |
| Monthly Cash Flow | $(8,005) | $350 |
City averages based on Van Nuys market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,355 |
| Total Monthly Debt Service | $11,565 |
| DSCR Ratio | 0.38x |
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.
Multi Family
Built in 1939
7,805 sqft 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
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
Multi Family
Built in 1939
7,805 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CLAW
Mls ID: #26657005