4353 Colfax Ave UNIT 27Studio 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
Investment property for sale in Studio City at 4353 Colfax Ave UNIT 27, Studio City, CA, 91604 earns $1,187/mo cash flow from $6,136/mo rent with a $3,916/mo payment. Total monthly income totals $6,136/mo, and annual cash flow totals $14,240/yr on $263,200 capital. ROI tracks 25.47% on current figures, and rental yield reads 9.2% at a $800,000 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 132.63% and total cumulative return in cash sums $349,076. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,136/mo property income instead of your personal income.
Condo
Built in 1961
2.08 Acres 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: Michael Wells • Compass
Mls Name: CLAW
Mls ID: #25608611