6847 Katherine 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
Investment property for sale in Van Nuys at 6847 Katherine Ave, Van Nuys, CA, 91405 uses $328,671 cash to close to unlock $9,427/yr annual cash flow and $786/mo monthly cash flow. Total monthly income runs $6,966/mo, and a $4,890/mo payment keeps the spread at $786/mo. Purchase price stands at $999,000, and rental yield measures 8.37% with $6,966/mo rent. Return on cash invested shows 22.93% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 119% and total cumulative return in cash records $391,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,966/mo property income covering a $4,890/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7,923 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: Jack Holwahjian • Huntington Group
Mls Name: CRMLS
Mls ID: #GD25187767