6113 Vesper AveVan NuysCA91411
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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 Van Nuys at 6113 Vesper Ave, Van Nuys, CA, 91411 offers a 7.46% rental yield on a $599,900 purchase with $3,728/mo rent. Total monthly income registers $3,728/mo, and a $2,936/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $206/yr on $197,367 to close, and return on cash invested stands at 20.16% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 104.19% and total cumulative return in cash at $205,636. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,728/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
2,387 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91411, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,926 (100%) |
| Owner Occupied HU | 2,802 (25.6%) |
| Renter Occupied HU | 7,678 (70.3%) |
| Vacant Housing Units | 446 ( 4.1%) |
| Median Home Value | $971,090 |
| Average Home Value | $1,037,802 |
Housing Distribution
Address Breakdown
Residential
10,057
Single Family
3,306
Multi-Family
6,751
Businesses
1,430
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Listed by: Jennifer Gamero • Rodeo Realty
Mls Name: CRMLS
Mls ID: #SR25199805