9131 Burnet Ave Unit 23North HillsCA91343
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.63% yield at 9131 Burnet Ave Unit 23, North Hills, CA, 91343 in North Hills is solid, but the $2,294/mo payment compresses net cash flow to $6/mo at $484,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $133,720 by year five, and $4,057/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.52) without U.S. income documentation. Total projected return: $205,704.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.0% |
| Monthly Cash Flow | $6 | $1,200 |
City averages based on North Hills 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 | $3,480 |
| Total Monthly Debt Service | $2,920 |
| DSCR Ratio | 1.19x |
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 1980
1.52 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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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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls Provider:
Mls ID: #SR26201736
