7124 Woodman Ave UNIT 3Van NuysCA91405
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Van Nuys rental at 7124 Woodman Ave UNIT 3, Van Nuys, CA, 91405 sits in the solid-income band: 9.06% gross yield, $4,079/mo rent, $261/mo net after the $2,428/mo debt service, DSCR 1.68. Entry price of $540,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $149,192 and $4,973/yr in principal reduction bring total cumulative return to $223,690.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $261 | $350 |
City averages based on Van Nuys market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,079 |
| Total Monthly Debt Service | $3,603 |
| DSCR Ratio | 1.13x |
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.
Condo
Built in 2006
0.41 Acres lot
$N/A/sqft
$255 monthly 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
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
Condo
Built in 2006
0.41 Acres lot
$N/A/sqft
$255 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices