21535 Erwin St UNIT 113Woodland HillsCA91367
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 21535 Erwin St UNIT 113, Woodland Hills, CA, 91367 in Woodland Hills speaks for itself: 11.16% gross on a $700,000 price, generating $6,509/mo in rent and $1,568/mo in net income after the $3,148/mo debt service. DSCR 2.07, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,822 stacks alongside $193,397 in projected five-year appreciation and $6,447/yr in principal reduction. Projected total cumulative return: $369,002.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.0% |
| Monthly Cash Flow | $1,568 | $1,500 |
City averages based on Woodland Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,509 |
| Total Monthly Debt Service | $4,662 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1979
2.58 Acres lot
$N/A/sqft
$610 monthly 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
Nearby investment properties with comparable rents
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
Condo
Built in 1979
2.58 Acres lot
$N/A/sqft
$610 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices