6119 Longridge AveVan NuysCA91401
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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 Van Nuys at 6119 Longridge Ave, Van Nuys, CA, 91401 priced at $1,449,000 converts $5,373/mo rent into after a $7,092/mo obligation. Total monthly income equals $5,373/mo. Return on cash invested prints 11.19% in year one, and rental yield reads 4.45% against a $1,449,000 entry. Equity gained on principal adds $9,350/yr, while 5% annual appreciation compiles into $400,332 by year five. Five-year ROI reaches 56% and total cumulative return in cash sums $262,903. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,373/mo property income covering a $7,092/mo payment, not borrower’s personal income.
Single Family
Built in 1954
7,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91401, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,401 (100%) |
| Owner Occupied HU | 5,496 (33.5%) |
| Renter Occupied HU | 10,307 (62.8%) |
| Vacant Housing Units | 598 ( 3.6%) |
| Median Home Value | $1,024,390 |
| Average Home Value | $1,142,602 |
Housing Distribution
Address Breakdown
Residential
15,622
Single Family
7,252
Multi-Family
8,370
Businesses
1,595
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Listed by: Lilach Basson • Compass
Mls Name: CRMLS
Mls ID: #SR25161050