15946 Vanowen St UNIT 103Van NuysCA91406
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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 Van Nuys at 15946 Vanowen St UNIT 103, Van Nuys, CA, 91406 offers a 8.29% rental yield on a $338,000 purchase with $2,335/mo rent. Total monthly income registers $2,335/mo, and a $1,654/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,933/yr on $112,047 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $2,181/yr while 5% annual appreciation supports $93,383 over five years. Portfolio math shows five-year ROI at 116.89% and total cumulative return in cash at $130,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,335/mo property income against a $1,654/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
0.38 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: Andrea Zamora • Keller Williams Pacific Estate
Mls Name: CRMLS
Mls ID: #PW25243892