5220 Melvin AveTarzanaCA91356
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 Tarzana at 5220 Melvin Ave, Tarzana, CA, 91356 generates $6,783/mo in rent, after a $9,765/mo payment. Total monthly income is $6,783/mo. Return on cash invested sits at 10.05% in year one, and rental yield is 4.08% on a $1,995,000 entry. Equity gained on principal adds $12,873/yr, while 5% annual appreciation builds toward $551,182 over five years. Five-year ROI reaches 49.87% and total cumulative return in cash sums $322,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,783/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91356, Tarzana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,296 (100%) |
| Owner Occupied HU | 6,538 (53.2%) |
| Renter Occupied HU | 5,204 (42.3%) |
| Vacant Housing Units | 554 ( 4.5%) |
| Median Home Value | $1,330,957 |
| Average Home Value | $1,366,649 |
Housing Distribution
Address Breakdown
Residential
12,196
Single Family
6,055
Multi-Family
6,141
Businesses
1,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Oppenheim • The Oppenheim Group, Inc.
Mls Name: CLAW
Mls ID: #25599121