15511 Sherman Way APT 1Los angelesCA91406
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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 Los angeles at 15511 Sherman Way APT 1, Los angeles, CA, 91406 uses $152,490 cash to close to unlock $2,518/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $3,055/mo, and a $2,251/mo payment keeps the spread at $210/mo. Purchase price stands at $460,000, and rental yield measures 7.97% with $3,055/mo rent. Return on cash invested shows 21.56% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 111.69% and total cumulative return in cash records $170,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,055/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Condo
Built in 1978
2.51 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
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Listed by: Jose Orellana Morales • Citiwide Realty Group
Mls Name: CRMLS
Mls ID: #SR25265704