8056 Wakefield AvePanorama CityCA91402
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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 Panorama City at 8056 Wakefield Ave, Panorama City, CA, 91402 earns from $3,350/mo rent with a $3,426/mo payment. Total monthly income totals $3,350/mo. ROI tracks 14.95% on current figures, and rental yield reads 5.74% at a $699,900 purchase. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 over five years. Five-year ROI reaches 76.22% and total cumulative return in cash sums $175,508. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,350/mo property income instead of your personal income.
Single Family
Built in 1949
5,623 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
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Listed by: Stacie Hardaway • Your Home Team Real Estate
Mls Name: CLAW
Mls ID: #25574799