6041 Cleon AveNorth HollywoodCA91606
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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 North Hollywood at 6041 Cleon Ave, North Hollywood, CA, 91606 generates $5,087/mo in rent, after a $5,869/mo payment. Total monthly income is $5,087/mo. Return on cash invested sits at 13.17% in year one, and rental yield is 5.09% on a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 66.61% and total cumulative return in cash sums $258,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,087/mo property income rather than buyer’s personal income.
Multi Family
Built in 1953
6,930 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91606, North Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,851 (28.9%) |
| Renter Occupied HU | 11,305 (67.4%) |
| Vacant Housing Units | 609 ( 3.6%) |
| Median Home Value | $862,027 |
| Average Home Value | $908,344 |
Housing Distribution
Address Breakdown
Residential
15,806
Single Family
8,106
Multi-Family
7,700
Businesses
1,038
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Listed by: Peter Tomlinson • Sotheby's International Realty
Mls Name: CLAW
Mls ID: #25578993