8800 Burnet Ave UNIT 8North 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
Rental property for sale in North Hills at 8800 Burnet Ave UNIT 8, North Hills, CA, 91343 generates $3,671/mo in rent and, after a $2,447/mo payment, leaves $578/mo in cash flow. Total monthly income is $3,671/mo, and annual cash flow is $6,938/yr on $165,750 invested. Return on cash invested sits at 24.09% in year one, and rental yield is 8.81% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 125.3% and total cumulative return in cash sums $207,680. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,671/mo property income rather than buyer’s personal income.
Townhouse
Built in 1990
1.67 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: Pierre Real • eXp Realty of California, Inc
Mls Name: CRMLS
Mls ID: #SR26006063