4949 Genesta Ave UNIT 308EncinoCA91316
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 4949 Genesta Ave UNIT 308, Encino, CA, 91316 in Encino achieves 1.60, rent of $5,064/mo covers the $3,168/mo payment 1.5x over at $704,500. Rental yield 8.63%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $194,640 over five years, with $6,489/yr in principal reduction bringing total projected return to $178,131.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.5% |
| Monthly Cash Flow | $(1,535) | $300 |
City averages based on Encino market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,064 |
| Total Monthly Debt Service | $6,319 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
871 sqft lot
$N/A/sqft
$2,241 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91316, Encino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,136 (100%) |
| Owner Occupied HU | 6,118 (46.6%) |
| Renter Occupied HU | 6,415 (48.8%) |
| Vacant Housing Units | 603 ( 4.6%) |
| Median Home Value | $1,011,586 |
| Average Home Value | $1,265,280 |
Housing Distribution
Address Breakdown
Residential
12,797
Single Family
5,530
Multi-Family
7,267
Businesses
938
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
Condo
Built in 1974
871 sqft lot
$N/A/sqft
$2,241 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91316, Encino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,136 (100%) |
| Owner Occupied HU | 6,118 (46.6%) |
| Renter Occupied HU | 6,415 (48.8%) |
| Vacant Housing Units | 603 ( 4.6%) |
| Median Home Value | $1,011,586 |
| Average Home Value | $1,265,280 |
Housing Distribution
Address Breakdown
Residential
12,797
Single Family
5,530
Multi-Family
7,267
Businesses
938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A