15215 Magnolia Blvd UNIT 131Sherman OaksCA91403
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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 Sherman Oaks at 15215 Magnolia Blvd UNIT 131, Sherman Oaks, CA, 91403 listed at $612,500 pairs $3,574/mo rent with a $2,998/mo payment. Total monthly income runs $3,574/mo. Return on cash invested measures 18.78% in year one, and rental yield registers 7% at a $612,500 basis. Equity gained on principal adds $3,952/yr, and annual property appreciation at 5% supports $169,222 by year five. Five-year ROI tracks 96.74% and total cumulative return in cash totals $194,952. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,574/mo property income relative to a $2,998/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
1.89 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: Jenna Creighton • Equity Union
Mls Name: CLAW
Mls ID: #25592739