22203 1/2 Erwin StLos AngelesCA91367
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 22203 1/2 Erwin St, Los Angeles, CA, 91367 in Los Angeles deserves attention. This $800,000 property earns $8,008/mo in rent, a 12.01% gross yield, and nets $2,469/mo after the $3,597/mo payment. DSCR 2.23 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $221,025 compounds alongside $7,368/yr in yearly equity build, for a total cumulative return of $464,803.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 4.1% |
| Monthly Cash Flow | $2,469 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,008 |
| Total Monthly Debt Service | $5,221 |
| DSCR Ratio | 1.53x |
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 1972
2.82 Acres lot
$N/A/sqft
$590 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 1972
2.82 Acres lot
$N/A/sqft
$590 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