1000 S Gage AveLos AngelesCA90023
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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
Total monthly income runs $3,418/mo, and a $3,989/mo payment. Purchase price stands at $814,999, and rental yield measures 5.03% with $3,418/mo rent. Return on cash invested shows 12.79% in year one, and 5% annual appreciation builds toward $225,169 over five years. Five-year ROI reaches 64.66% and total cumulative return in cash records $173,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,418/mo property income covering a $3,989/mo payment rather than investor’s personal income.
Multi Family
Built in 1924
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90023, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 3,080 (25.7%) |
| Renter Occupied HU | 8,503 (70.9%) |
| Vacant Housing Units | 412 ( 3.4%) |
| Median Home Value | $698,567 |
| Average Home Value | $798,893 |
Housing Distribution
Address Breakdown
Residential
11,672
Single Family
8,290
Multi-Family
3,382
Businesses
1,682
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Listed by: Javier Salazar • THE IVRI GROUP, INC.
Mls Name: CRMLS
Mls ID: #CV25240756