6021 Fountain Park Ln APT 2Woodland HillsCA91367
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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 Woodland Hills at 6021 Fountain Park Ln APT 2, Woodland Hills, CA, 91367 uses $131,937 cash to close to unlock $4,391/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $2,828/mo, and a $1,948/mo payment keeps the spread at $366/mo. Purchase price stands at $398,000, and rental yield measures 8.53% with $2,828/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 120.67% and total cumulative return in cash records $159,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,828/mo property income covering a $1,948/mo payment rather than investor’s personal income.
Condo
Built in 1966
8.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91367, Woodland Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,629 (100%) |
| Owner Occupied HU | 9,075 (42.0%) |
| Renter Occupied HU | 11,121 (51.4%) |
| Vacant Housing Units | 1,433 ( 6.6%) |
| Median Home Value | $998,696 |
| Average Home Value | $1,093,528 |
Housing Distribution
Address Breakdown
Residential
20,618
Single Family
9,894
Multi-Family
10,724
Businesses
1,385
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Listed by: Hooman Zahedi • Redfin Corporation
Mls Name: CRMLS
Mls ID: #BB25200212