6146 Morella 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 6146 Morella Ave, North Hollywood, CA, 91606 priced at $1,079,999 converts $7,928/mo rent into $1,149/mo cash flow after a $5,286/mo obligation. Total monthly income equals $7,928/mo, and annual cash flow totals $13,787/yr on $349,920 invested. Return on cash invested prints 24.31% in year one, and rental yield reads 8.81% against a $1,079,999 entry. Equity gained on principal adds $6,969/yr, while 5% annual appreciation compiles into $298,384 by year five. Five-year ROI reaches 126.46% and total cumulative return in cash sums $442,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,928/mo property income covering a $5,286/mo payment, not borrower’s personal income.
Single Family
Built in 1940
6,969 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: David Petikyan • Seven Gables Real Estate, Inc.
Mls Name: GAVAR
Mls Provider:
Mls ID: #24004174
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.