15455 Sherman Way APT 15Los angelesCA91406
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
Investment Highlights
Rental property for sale in Los angeles at 15455 Sherman Way APT 15, Los angeles, CA, 91406 generates $2,980/mo in rent and, after a $2,276/mo payment, leaves $103/mo in cash flow. Total monthly income is $2,980/mo, and annual cash flow is $1,240/yr on $154,148 invested. Return on cash invested sits at 20.71% in year one, and rental yield is 7.69% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 107.16% and total cumulative return in cash sums $165,191. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,980/mo property income rather than buyer’s personal income.
Condo
Built in 1992
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91406, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,479 (100%) |
| Owner Occupied HU | 7,664 (37.4%) |
| Renter Occupied HU | 11,988 (58.5%) |
| Vacant Housing Units | 827 ( 4.0%) |
| Median Home Value | $835,477 |
| Average Home Value | $866,901 |
Housing Distribution
Address Breakdown
Residential
19,272
Single Family
9,653
Multi-Family
9,619
Businesses
2,479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: YUFEI GLICK • Wetrust Realty
Mls Name: CRMLS
Mls ID: #WS25217257