18645 Hatteras St UNIT 187TarzanaCA91356
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Nearby investment properties with comparable prices
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
Rental property for sale in Tarzana at 18645 Hatteras St UNIT 187, Tarzana, CA, 91356 generates $1,442/mo in rent and, after a $891/mo payment, leaves $316/mo in cash flow. Total monthly income is $1,442/mo, and annual cash flow is $3,791/yr on $60,333 invested. Return on cash invested sits at 26.19% in year one, and rental yield is 9.51% on a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 136.54% and total cumulative return in cash sums $82,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,442/mo property income rather than buyer’s personal income.
Condo
Built in 1973
5.28 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: Armine Emmoyan • JohnHart Real Estate
Mls Name: CRMLS
Mls ID: #SR25214139