18620 Hatteras StTarzanaCA91356
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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 18620 Hatteras St, Tarzana, CA, 91356 uses $137,904 cash to close to unlock $5,540/yr annual cash flow and $462/mo monthly cash flow. Total monthly income runs $3,035/mo, and a $2,036/mo payment keeps the spread at $462/mo. Purchase price stands at $416,000, and rental yield measures 8.75% with $3,035/mo rent. Return on cash invested shows 23.93% in year one, and 5% annual appreciation builds toward $114,933 over five years. Five-year ROI reaches 124.38% and total cumulative return in cash records $171,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,035/mo property income covering a $2,036/mo payment rather than investor’s personal income.
Condo
Built in 1970
5.02 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: Matthew Chen • Purpose Realty
Mls Name: CRMLS
Mls ID: #PF25274761