3520 Longridge AveSherman OaksCA91423
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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
Investment property for sale in Sherman Oaks at 3520 Longridge Ave, Sherman Oaks, CA, 91423 earns from $5,982/mo rent with a $8,805/mo payment. Total monthly income totals $5,982/mo. ROI tracks 9.77% on current figures, and rental yield reads 3.99% at a $1,799,000 purchase. Equity gained on principal adds $11,609/yr, and 5% annual appreciation supports $497,031 over five years. Five-year ROI reaches 48.39% and total cumulative return in cash sums $282,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,982/mo property income instead of your personal income.
Single Family
Built in 1953
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91423, Sherman Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,192 (100%) |
| Owner Occupied HU | 5,799 (35.8%) |
| Renter Occupied HU | 9,370 (57.9%) |
| Vacant Housing Units | 1,023 ( 6.3%) |
| Median Home Value | $1,482,026 |
| Average Home Value | $1,509,552 |
Housing Distribution
Address Breakdown
Residential
15,535
Single Family
6,051
Multi-Family
9,484
Businesses
1,185
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Listed by: John Barrentine • Keller Williams Larchmont
Mls Name: CLAW
Mls ID: #25584405