7038 Texhoma AveVan NuysCA91406
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 7038 Texhoma Ave, Van Nuys, CA, 91406 in Van Nuys earns a 8.98% gross yield at $1,111,000. Rent of $8,311/mo nets $1,126/mo after the $4,996/mo mortgage. The 1.66 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $306,949 and $10,232/yr in equity accumulation project a total cumulative return of $495,059.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $1,126 | $350 |
City averages based on Van Nuys market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,311 |
| Total Monthly Debt Service | $6,743 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
7,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91406, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,479 (100%) |
| Owner Occupied HU | 7,664 (37.4%) |
| Renter Occupied HU | 11,988 (58.5%) |
| Vacant Housing Units | 827 ( 4.0%) |
| Median Home Value | $835,477 |
| Average Home Value | $866,901 |
Housing Distribution
Address Breakdown
Residential
19,272
Single Family
9,653
Multi-Family
9,619
Businesses
2,479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1951
7,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91406, Van Nuys, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,479 (100%) |
| Owner Occupied HU | 7,664 (37.4%) |
| Renter Occupied HU | 11,988 (58.5%) |
| Vacant Housing Units | 827 ( 4.0%) |
| Median Home Value | $835,477 |
| Average Home Value | $866,901 |
Housing Distribution
Address Breakdown
Residential
19,272
Single Family
9,653
Multi-Family
9,619
Businesses
2,479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices