17842 Magnolia Blvd #20EncinoCA91316
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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 Encino at 17842 Magnolia Blvd #20, Encino, CA, 91316 offers a 8.06% rental yield on a $576,000 purchase with $3,869/mo rent. 47% in year one. Equity gained on principal adds $3,717/yr while 5% annual appreciation supports $159,138 over five years. Portfolio math shows five-year ROI at 96.37% and total cumulative return in cash at $182,617. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,869/mo property income against a $2,819/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91316, Encino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,136 (100%) |
| Owner Occupied HU | 6,118 (46.6%) |
| Renter Occupied HU | 6,415 (48.8%) |
| Vacant Housing Units | 603 ( 4.6%) |
| Median Home Value | $1,011,586 |
| Average Home Value | $1,265,280 |
Housing Distribution
Address Breakdown
Residential
12,797
Single Family
5,530
Multi-Family
7,267
Businesses
938
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Listed by: Bob Cottle • HomeSmart Evergreen Realty
Mls Name: CSMAOR
Mls Provider:
Mls ID: #225002758
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