6006 Babbitt AveEncinoCA91316
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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 Encino at 6006 Babbitt Ave, Encino, CA, 91316 generates $6,011/mo in rent, after a $7,327/mo payment. Total monthly income is $6,011/mo. Return on cash invested sits at 12.33% in year one, and rental yield is 4.82% on a $1,497,000 entry. Equity gained on principal adds $9,660/yr, while 5% annual appreciation builds toward $413,594 over five years. Five-year ROI reaches 62.1% and total cumulative return in cash sums $301,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,011/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
6,002 sqft 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
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Listed by: Elisa G. Ritt • Compass
Mls Name: CLAW
Mls ID: #25618123