4724 Kester Ave UNIT 209Sherman OaksCA91403
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 Sherman Oaks at 4724 Kester Ave UNIT 209, Sherman Oaks, CA, 91403 generates $3,779/mo in rent, after a $3,177/mo payment. Total monthly income is $3,779/mo. Return on cash invested sits at 18.73% in year one, and rental yield is 6.99% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 96.49% and total cumulative return in cash sums $206,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,779/mo property income rather than buyer’s personal income.
Condo
Built in 2009
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91403, Sherman Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 4,627 (42.5%) |
| Renter Occupied HU | 5,680 (52.1%) |
| Vacant Housing Units | 592 ( 5.4%) |
| Median Home Value | $1,549,484 |
| Average Home Value | $1,559,920 |
Housing Distribution
Address Breakdown
Residential
12,190
Single Family
4,689
Multi-Family
7,501
Businesses
1,370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin Neithercut • Compass
Mls Name: CLAW
Mls ID: #26633809