8800 Cedros Ave APT 204Panorama CityCA91402
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 8800 Cedros Ave APT 204, Panorama City, CA, 91402 in Panorama City speaks for itself: 10.87% gross on a $292,000 price, generating $2,645/mo in rent and $838/mo in net income after the $1,313/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,061 stacks alongside $80,674 in projected five-year appreciation and $2,689/yr in principal reduction. Projected total cumulative return: $164,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $838 | $1,500 |
City averages based on Panorama City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,645 |
| Total Monthly Debt Service | $1,690 |
| DSCR Ratio | 1.56x |
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 6.0% rate / 30-yr fixed, 30% 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Riccio • Pinnacle Estate Properties, Inc.
Mls Name: CSMAOR
Mls ID: #225005694