7608 Ani West WayNorth 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 7608 Ani West Way, North Hollywood, CA, 91605 uses $305,970 cash to close to unlock $10,137/yr annual cash flow and $845/mo monthly cash flow. Total monthly income runs $6,598/mo, and a $4,552/mo payment keeps the spread at $845/mo. Purchase price stands at $930,000, and rental yield measures 8.51% with $6,598/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $256,942 over five years. Five-year ROI reaches 121.38% and total cumulative return in cash records $371,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,598/mo property income covering a $4,552/mo payment rather than investor’s personal income.
Single Family
Built in 2016
2,613 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: Paige L Gordon • Corcoran Icon Properties
Mls Name: CSMAOR
Mls ID: #225005431