6943 Goodland AveNorth HollywoodCA91605
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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 6943 Goodland Ave, North Hollywood, CA, 91605 listed at $1,499,000 pairs $5,584/mo rent with a $7,337/mo payment. Total monthly income runs $5,584/mo. Return on cash invested measures 11.25% in year one, and rental yield registers 4.47% at a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and annual property appreciation at 5% supports $414,146 by year five. Five-year ROI tracks 56.33% and total cumulative return in cash totals $273,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,584/mo property income relative to a $7,337/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
6,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91605, North Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,760 (100%) |
| Owner Occupied HU | 6,254 (37.3%) |
| Renter Occupied HU | 9,867 (58.9%) |
| Vacant Housing Units | 639 ( 3.8%) |
| Median Home Value | $808,108 |
| Average Home Value | $825,096 |
Housing Distribution
Address Breakdown
Residential
16,666
Single Family
8,356
Multi-Family
8,310
Businesses
2,486
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Listed by: Anush Miduryan • Luxury Collective
Mls Name: CRMLS
Mls ID: #SR25147376