3740 Summershore LnWestlake VillageCA91361
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
Investment Highlights
Rental property for sale in Westlake Village at 3740 Summershore Ln, Westlake Village, CA, 91361 generates $3,875/mo in rent, after a $3,671/mo payment. Total monthly income is $3,875/mo. Return on cash invested sits at 16.34% in year one, and rental yield is 6.2% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 83.68% and total cumulative return in cash sums $206,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,875/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91361, Westlake Village, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,955 (100%) |
| Owner Occupied HU | 6,051 (67.6%) |
| Renter Occupied HU | 2,408 (26.9%) |
| Vacant Housing Units | 496 ( 5.5%) |
| Median Home Value | $1,420,879 |
| Average Home Value | $1,473,927 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
7,536
Multi-Family
1,063
Businesses
1,425
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Jensen • RE/MAX Gold Coast REALTORS
Mls Name: CRMLS
Mls ID: #V1-32474