7309 Cantaloupe 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 7309 Cantaloupe Ave, Van Nuys, CA, 91405 earns $440/mo cash flow from $4,764/mo rent with a $3,421/mo payment. Total monthly income totals $4,764/mo, and annual cash flow totals $5,281/yr on $229,971 capital. ROI tracks 22.36% on current figures, and rental yield reads 8.18% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 115.95% and total cumulative return in cash sums $266,642. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,764/mo property income instead of your personal income.
Single Family
Built in 1951
6,089 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: Heather Thurman • Nourmand & Associates-HW
Mls Name: CRMLS
Mls ID: #26643811