5143 Bakman Ave APT 406North 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
Rental property for sale in North Hollywood at 5143 Bakman Ave APT 406, North Hollywood, CA, 91601 generates $2,576/mo in rent and, after a $1,806/mo payment, leaves $293/mo in cash flow. Total monthly income is $2,576/mo, and annual cash flow is $3,520/yr on $122,324 invested. Return on cash invested sits at 22.79% in year one, and rental yield is 8.38% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 118.28% and total cumulative return in cash sums $144,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,576/mo property income rather than buyer’s personal income.
Condo
Built in 1988
0.74 Acres 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: Jennifer Kruza • Compass
Mls Name: CLAW
Mls ID: #25618191