5301 Balboa Blvd #5BEncinoCA91316
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
Investment property for sale in Encino at 5301 Balboa Blvd #5B, Encino, CA, 91316 offers a 6.51% rental yield on a $569,000 purchase with $3,088/mo rent. 29% in year one. Equity gained on principal adds $3,672/yr while 5% annual appreciation supports $157,204 over five years. Portfolio math shows five-year ROI at 88.79% and total cumulative return in cash at $166,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,088/mo property income against a $2,785/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
5.23 Acres lot
$N/A/sqft
No 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: Michelle Lavin Cohan • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #SR25273771