7301 Lennox Ave UNIT A13Van NuysCA91405
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
Investment Highlights
Investment property for sale in Van Nuys at 7301 Lennox Ave UNIT A13, Van Nuys, CA, 91405 offers a 8.87% rental yield on a $419,000 purchase with $3,098/mo rent. Total monthly income registers $3,098/mo, and a $2,051/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,069/yr on $138,899 to close, and return on cash invested stands at 24.28% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 126.27% and total cumulative return in cash at $175,385. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,098/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
3.81 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Armen Saroyan • SARO Realty Inc
Mls Name: CRMLS
Mls ID: #GD25261549