8024 Katherine AvePanorama CityCA91402
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 Panorama City at 8024 Katherine Ave, Panorama City, CA, 91402 earns from $2,990/mo rent with a $2,814/mo payment. Total monthly income totals $2,990/mo. ROI tracks 16.47% on current figures, and rental yield reads 6.24% at a $574,900 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,834 over five years. Five-year ROI reaches 84.35% and total cumulative return in cash sums $159,543. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,990/mo property income instead of your personal income.
Single Family
Built in 1949
6,035 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91402, Panorama City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,086 (100%) |
| Owner Occupied HU | 6,703 (33.4%) |
| Renter Occupied HU | 12,868 (64.1%) |
| Vacant Housing Units | 515 ( 2.6%) |
| Median Home Value | $664,207 |
| Average Home Value | $712,762 |
Housing Distribution
Address Breakdown
Residential
19,674
Single Family
7,291
Multi-Family
12,383
Businesses
1,197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nelida Arrue • HomeSmart Evergreen Realty
Mls Name: CRMLS
Mls ID: #SR25277433