6229 Klump 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
Investment property for sale in North Hollywood at 6229 Klump Ave, North Hollywood, CA, 91606 offers a 7.51% rental yield on a $999,950 purchase with $6,257/mo rent. Total monthly income registers $6,257/mo, and a $4,894/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $857/yr on $328,984 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,268 over five years. Portfolio math shows five-year ROI at 105.01% and total cumulative return in cash at $345,480. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,257/mo property income against a $4,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
7,405 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: Stephanie Vitacco • Equity Union
Mls Name: CRMLS
Mls ID: #SR25264435