196 CherokeeTopangaCA90290
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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
Rental property for sale in Topanga at 196 Cherokee, Topanga, CA, 90290 offers $4,852/mo rent that, after a $2,932/mo payment, leaves $1,146/mo cash flow. Total monthly income is $4,852/mo, and annual cash flow is $13,755/yr on $197,071 cash. Return on cash invested measures 27.04% in year one, and rental yield stands at 9.72% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 141.06% and total cumulative return in cash reaches $277,990. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,852/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2001
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90290, Topanga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,759 (100%) |
| Owner Occupied HU | 1,945 (70.5%) |
| Renter Occupied HU | 621 (22.5%) |
| Vacant Housing Units | 193 ( 7.0%) |
| Median Home Value | $1,710,253 |
| Average Home Value | $1,674,781 |
Housing Distribution
Address Breakdown
Residential
2,416
Single Family
2,416
Multi-Family
0
Businesses
274
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Nearby investment properties with comparable prices
Listed by: Tanya Starcevich • KW Westside Estates
Mls Name: CLAW
Mls ID: #26636385