4771 Elmer Ave, North Hollywood, CA, 91602 | 7.29% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in North Hollywood at 4771 Elmer Ave, North Hollywood, CA, 91602 generates $4,183/mo in rent, after a $3,372/mo payment. Total monthly income is $4,183/mo. Return on cash invested sits at 19.64% in year one, and rental yield is 7.29% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 101.39% and total cumulative return in cash sums $229,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,183/mo property income rather than buyer’s personal income.

Townhouse

Built in 1979

0.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 91602, North Hollywood, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,827 (100%)
Owner Occupied HU	2,954 (30.1%)
Renter Occupied HU	6,379 (64.9%)
Vacant Housing Units	494 ( 5.0%)
Median Home Value	$1,244,125
Average Home Value	$1,347,359