16018 Nordhoff StNorth HillsCA91343
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.91% gross rental yield, 16018 Nordhoff St, North Hills, CA, 91343 in North Hills is priced for capital growth, not immediate cash flow. The $950,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $262,467 by year five, with $8,750/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.10) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $281,199.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 5.0% |
| Monthly Cash Flow | $(1,230) | $1,200 |
City averages based on North Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,681 |
| Total Monthly Debt Service | $5,534 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1926
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91343, North Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,105 (100%) |
| Owner Occupied HU | 9,272 (48.5%) |
| Renter Occupied HU | 9,366 (49.0%) |
| Vacant Housing Units | 467 ( 2.4%) |
| Median Home Value | $814,733 |
| Average Home Value | $843,414 |
Housing Distribution
Address Breakdown
Residential
18,297
Single Family
10,297
Multi-Family
8,000
Businesses
665
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
Single Family
Built in 1926
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91343, North Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,105 (100%) |
| Owner Occupied HU | 9,272 (48.5%) |
| Renter Occupied HU | 9,366 (49.0%) |
| Vacant Housing Units | 467 ( 2.4%) |
| Median Home Value | $814,733 |
| Average Home Value | $843,414 |
Housing Distribution
Address Breakdown
Residential
18,297
Single Family
10,297
Multi-Family
8,000
Businesses
665
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices