15207 Magnolia Blvd UNIT 209Sherman OaksCA91403
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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 Sherman Oaks at 15207 Magnolia Blvd UNIT 209, Sherman Oaks, CA, 91403 offers a 7.74% rental yield on a $540,000 purchase with $3,482/mo rent. Total monthly income registers $3,482/mo, and a $2,643/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,698/yr on $177,660 to close, and return on cash invested stands at 21.02% in year one. Equity gained on principal adds $3,485/yr while 5% annual appreciation supports $149,192 over five years. Portfolio math shows five-year ROI at 108.75% and total cumulative return in cash at $193,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,482/mo property income against a $2,643/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91403, Sherman Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 4,627 (42.5%) |
| Renter Occupied HU | 5,680 (52.1%) |
| Vacant Housing Units | 592 ( 5.4%) |
| Median Home Value | $1,549,484 |
| Average Home Value | $1,559,920 |
Housing Distribution
Address Breakdown
Residential
12,190
Single Family
4,689
Multi-Family
7,501
Businesses
1,370
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Listed by: Alex 'Zan' Sacker • Keller Williams Los Angeles
Mls Name: CLAW
Mls ID: #25565597