18530 Hatteras St UNIT 212TarzanaCA91356
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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 18530 Hatteras St UNIT 212, Tarzana, CA, 91356 offers a 8.14% rental yield on a $280,000 purchase with $1,899/mo rent. Total monthly income registers $1,899/mo, and a $1,370/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,008/yr on $92,820 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 114.45% and total cumulative return in cash at $106,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,899/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
84,768 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: Joseph Rudd • Keller Williams Realty-Studio City
Mls Name: CRMLS
Mls ID: #SR25279277