21301 Erwin St UNIT 516Woodland HillsCA91367
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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 Woodland Hills at 21301 Erwin St UNIT 516, Woodland Hills, CA, 91367 generates $3,841/mo in rent, after a $3,177/mo payment. Total monthly income is $3,841/mo. Return on cash invested sits at 19.08% in year one, and rental yield is 7.1% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 98.37% and total cumulative return in cash sums $210,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,841/mo property income rather than buyer’s personal income.
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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Listed by: Angela Deng • IRN Realty
Mls Name: CRMLS
Mls ID: #AR25261520