6227 Morse Ave APT 307North 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
Investment property for sale in North Hollywood at 6227 Morse Ave APT 307, North Hollywood, CA, 91606 earns $284/mo cash flow from $2,938/mo rent with a $2,100/mo payment. Total monthly income totals $2,938/mo, and annual cash flow totals $3,406/yr on $142,214 capital. ROI tracks 22.3% on current figures, and rental yield reads 8.22% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 115.67% and total cumulative return in cash sums $164,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,938/mo property income instead of your personal income.
Condo
Built in 1964
6.40 Acres 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: Jesse Weinberg • Jesse Weinberg
Mls Name: CLAW
Mls ID: #25619951