16856 Gresham StNorth HillsCA91343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow16856 Gresham St, North Hills, CA, 91343 in North Hills earns its strong cash-flow label: 11.35% yield, $8,882/mo rent, $3,074/mo net income, DSCR 2.10. The $939,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $259,428 by year five. Combined with $8,648/yr in principal paydown, total projected return reaches $553,863.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.0% |
| Monthly Cash Flow | $3,074 | $1,200 |
City averages based on North Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,882 |
| Total Monthly Debt Service | $5,435 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1983
7,528 sqft 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 1983
7,528 sqft 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