4487 Colbath Ave APT 310Sherman 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 4487 Colbath Ave APT 310, Sherman Oaks, CA, 91423 offers a 7.75% rental yield on a $429,000 purchase with $2,770/mo rent. Total monthly income registers $2,770/mo, and a $2,100/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,390/yr on $142,214 to close, and return on cash invested stands at 20.89% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 108.07% and total cumulative return in cash at $153,697. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,770/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
0.85 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: Michele Moses • Sotheby's International Realty
Mls Name: CLAW
Mls ID: #25625699