5739 Colfax AveNorth 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 5739 Colfax Ave, North Hollywood, CA, 91601 offers a 6.74% rental yield on a $899,000 purchase with $5,048/mo rent. 98% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 92.45% and total cumulative return in cash at $273,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,048/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
7,206 sqft 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: Jason Hoffman • Equity Union
Mls Name: CRMLS
Mls ID: #SR25169042