8800 Cedros Ave APT 108Panorama CityCA91402
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 8800 Cedros Ave APT 108, Panorama City, CA, 91402 in Panorama City is narrow, $2/mo net on $2,609/mo rent after the $1,706/mo debt service, but the property operates at break-even-plus, not a loss. At $359,900 with a 8.7% yield, the long-run equity case via 5% appreciation ($99,434 over five years) and $3,017/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.53 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $154,371.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $2 | $1,500 |
City averages based on Panorama City market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,609 |
| Total Monthly Debt Service | $2,171 |
| DSCR Ratio | 1.20x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
1.12 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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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
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Listed by: N/A • N/A
Mls Name: CRMLS
Mls Provider:
Mls ID: #DW26194836
