8250 Lankershim Blvd #24North HollywoodCA91605
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 8250 Lankershim Blvd #24, North Hollywood, CA, 91605 in North Hollywood hard to pass up. The 29.74% gross yield on a $154,950 purchase results in $3,840/mo in rent and $2,881/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (5.51). Annual cash flow of $34,578, five-year appreciation of $42,810, and $1,427/yr in equity build-up combine for a projected total cumulative return of $244,154.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 29.7% | 6.0% |
| Monthly Cash Flow | $2,881 | $1,500 |
City averages based on North Hollywood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,840 |
| Total Monthly Debt Service | $897 |
| DSCR Ratio | 4.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2020
N/A 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
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
Manufactured
Built in 2020
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices