6627 Columbus AveVan NuysCA91405
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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 6627 Columbus Ave, Van Nuys, CA, 91405 priced at $1,159,000 converts $4,201/mo rent into after a $5,673/mo obligation. Total monthly income equals $4,201/mo. Return on cash invested prints 10.88% in year one, and rental yield reads 4.35% against a $1,159,000 entry. Equity gained on principal adds $7,479/yr, while 5% annual appreciation compiles into $320,210 by year five. Five-year ROI reaches 54.33% and total cumulative return in cash sums $204,015. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,201/mo property income covering a $5,673/mo payment, not borrower’s personal income.
Single Family
Built in 1970
5,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91405, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,513 (100%) |
| Owner Occupied HU | 4,710 (25.4%) |
| Renter Occupied HU | 13,146 (71.0%) |
| Vacant Housing Units | 657 ( 3.5%) |
| Median Home Value | $778,832 |
| Average Home Value | $779,347 |
Housing Distribution
Address Breakdown
Residential
19,000
Single Family
6,087
Multi-Family
12,913
Businesses
1,745
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Listed by: Greg Foster • Skymark Real Estate Group
Mls Name: CRMLS
Mls ID: #PW25208156