8331 Cedros Ave APT 11Van NuysCA91402
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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
Rental property for sale in Van Nuys at 8331 Cedros Ave APT 11, Van Nuys, CA, 91402 generates $3,461/mo in rent and, after a $1,835/mo payment, leaves $1,142/mo in cash flow. Total monthly income is $3,461/mo, and annual cash flow is $13,699/yr on $124,313 invested. Return on cash invested sits at 30.93% in year one, and rental yield is 11.08% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 161.94% and total cumulative return in cash sums $201,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,461/mo property income rather than buyer’s personal income.
Condo
Built in 1984
0.35 Acres 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: Fred Meliksetian • Broker House Realty
Mls Name: CRMLS
Mls ID: #GD25150344