8601 Burnet Ave UNIT DNorth HillsCA91343
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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 North Hills at 8601 Burnet Ave UNIT D, North Hills, CA, 91343 uses $152,159 cash to close to unlock $6,385/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $3,372/mo, and a $2,247/mo payment keeps the spread at $532/mo. Purchase price stands at $459,000, and rental yield measures 8.82% with $3,372/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 125.36% and total cumulative return in cash records $190,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,372/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
5.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91343, North Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,105 (100%) |
| Owner Occupied HU | 9,272 (48.5%) |
| Renter Occupied HU | 9,366 (49.0%) |
| Vacant Housing Units | 467 ( 2.4%) |
| Median Home Value | $814,733 |
| Average Home Value | $843,414 |
Housing Distribution
Address Breakdown
Residential
18,297
Single Family
10,297
Multi-Family
8,000
Businesses
665
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Listed by: Gerardo Ascencio • Mission Real Estate
Mls Name: CRMLS
Mls ID: #SR25123621