21301 Erwin St UNIT 340Woodland HillsCA91367
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 21301 Erwin St UNIT 340, Woodland Hills, CA, 91367 in Woodland Hills is a conservative rental investment at $649,000. Rental yield 7.13%. A 1.25 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $179,307; $5,441/yr in principal paydown supplements. Total projected return: $223,521.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.0% |
| Monthly Cash Flow | $(160) | $1,500 |
City averages based on Woodland Hills market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,854 |
| Total Monthly Debt Service | $3,915 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2010
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91367, Woodland Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,629 (100%) |
| Owner Occupied HU | 9,075 (42.0%) |
| Renter Occupied HU | 11,121 (51.4%) |
| Vacant Housing Units | 1,433 ( 6.6%) |
| Median Home Value | $998,696 |
| Average Home Value | $1,093,528 |
Housing Distribution
Address Breakdown
Residential
20,618
Single Family
9,894
Multi-Family
10,724
Businesses
1,385
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Lorimer • PLG Estates
Mls Name: CLAW
Mls ID: #25590989
