17900 Sherman Way APT 416Los AngelesCA91335
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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 17900 Sherman Way APT 416, Los Angeles, CA, 91335 uses $75,914 cash to close to unlock $9,182/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $2,182/mo, and a $1,121/mo payment keeps the spread at $765/mo. Purchase price stands at $229,000, and rental yield measures 11.43% with $2,182/mo rent. Return on cash invested shows 32% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 167.74% and total cumulative return in cash records $127,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,182/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Condo
Built in 1976
2,491 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91335, Reseda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,471 (100%) |
| Owner Occupied HU | 11,825 (46.4%) |
| Renter Occupied HU | 12,792 (50.2%) |
| Vacant Housing Units | 854 ( 3.4%) |
| Median Home Value | $771,763 |
| Average Home Value | $826,559 |
Housing Distribution
Address Breakdown
Residential
24,580
Single Family
14,594
Multi-Family
9,986
Businesses
1,586
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Listed by: Charlene Allen • Equity Union
Mls Name: CRMLS
Mls ID: #BB25122480