9427 Lemona Ave UNIT 23North 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 9427 Lemona Ave UNIT 23, North Hills, CA, 91343 generates $4,414/mo in rent, after a $3,597/mo payment. Total monthly income is $4,414/mo. Return on cash invested sits at 19.4% in year one, and rental yield is 7.21% on a $734,900 entry. Equity gained on principal adds $4,742/yr, while 5% annual appreciation builds toward $203,039 over five years. Five-year ROI reaches 100.09% and total cumulative return in cash sums $241,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,414/mo property income rather than buyer’s personal income.
Condo
Built in 2006
2.23 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: Fayyaz Shariff • Sunrise Star Realty
Mls Name: CRMLS
Mls ID: #SR25191568