4311 Colfax Ave UNIT 222Studio CityCA91604
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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 Studio City at 4311 Colfax Ave UNIT 222, Studio City, CA, 91604 generates $3,670/mo in rent, after a $3,059/mo payment. Total monthly income is $3,670/mo. Return on cash invested sits at 18.91% in year one, and rental yield is 7.05% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 97.47% and total cumulative return in cash sums $200,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,670/mo property income rather than buyer’s personal income.
Townhouse
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91604, Studio City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,080 (100%) |
| Owner Occupied HU | 6,632 (44.0%) |
| Renter Occupied HU | 7,601 (50.4%) |
| Vacant Housing Units | 847 ( 5.6%) |
| Median Home Value | $1,657,401 |
| Average Home Value | $1,626,836 |
Housing Distribution
Address Breakdown
Residential
14,917
Single Family
7,151
Multi-Family
7,766
Businesses
1,289
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Listed by: Rosanne Lehmann • Keller Williams North Valley
Mls Name: CRMLS
Mls ID: #SR25217775