5003 Westpark Dr UNIT 203North HollywoodCA91601
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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 North Hollywood at 5003 Westpark Dr UNIT 203, North Hollywood, CA, 91601 listed at $620,000 pairs $3,096/mo rent with a $3,035/mo payment. Total monthly income runs $3,096/mo. Return on cash invested measures 15.71% in year one, and rental yield registers 5.99% at a $620,000 basis. Equity gained on principal adds $4,001/yr, and annual property appreciation at 5% supports $171,295 by year five. Five-year ROI tracks 80.3% and total cumulative return in cash totals $163,791. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,096/mo property income relative to a $3,035/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91601, North Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,642 (100%) |
| Owner Occupied HU | 3,594 (16.6%) |
| Renter Occupied HU | 16,756 (77.4%) |
| Vacant Housing Units | 1,292 ( 6.0%) |
| Median Home Value | $968,670 |
| Average Home Value | $1,099,128 |
Housing Distribution
Address Breakdown
Residential
19,834
Single Family
6,223
Multi-Family
13,611
Businesses
1,566
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Listed by: Julia Huerta • Premier Agency Real Estate Inc.
Mls Name: SDMLS
Mls ID: #250043111