18408 Hatteras St UNIT 49TarzanaCA91356
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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 Tarzana at 18408 Hatteras St UNIT 49, Tarzana, CA, 91356 offers a 8.08% rental yield on a $425,000 purchase with $2,863/mo rent. Total monthly income registers $2,863/mo, and a $2,080/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,808/yr on $140,888 to close, and return on cash invested stands at 21.9% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 113.55% and total cumulative return in cash at $159,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,863/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91356, Tarzana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,296 (100%) |
| Owner Occupied HU | 6,538 (53.2%) |
| Renter Occupied HU | 5,204 (42.3%) |
| Vacant Housing Units | 554 ( 4.5%) |
| Median Home Value | $1,330,957 |
| Average Home Value | $1,366,649 |
Housing Distribution
Address Breakdown
Residential
12,196
Single Family
6,055
Multi-Family
6,141
Businesses
1,516
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Listed by: David Abas • Equity Union
Mls Name: CRMLS
Mls ID: #SR25157980