8348 Penfield Ave UNIT 3WinnetkaCA91306
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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
Total monthly income runs $3,577/mo, and a $2,937/mo payment. Purchase price stands at $600,000, and rental yield measures 7.15% with $3,577/mo rent. Return on cash invested shows 19.24% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 99.21% and total cumulative return in cash records $195,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,577/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91306, Winnetka, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,576 (100%) |
| Owner Occupied HU | 8,183 (52.5%) |
| Renter Occupied HU | 7,011 (45.0%) |
| Vacant Housing Units | 382 ( 2.5%) |
| Median Home Value | $772,699 |
| Average Home Value | $789,461 |
Housing Distribution
Address Breakdown
Residential
14,980
Single Family
9,619
Multi-Family
5,361
Businesses
535
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Listed by: Ryan Donigan • Utopia Real Estate
Mls Name: SDMLS
Mls ID: #250034936