1005 S Herbert 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
Rental property for sale in Los Angeles at 1005 S Herbert Ave, Los Angeles, CA, 90023 priced at $776,800 pairs $3,714/mo rent with after a $3,802/mo payment. Total monthly income equals $3,714/mo. Return on cash invested is 14.32% in year one, and rental yield stands at 5.74% on a $776,800 basis. Equity gained on principal adds $5,013/yr, and 5% annual appreciation accumulates to $214,616 by year five. Five-year ROI measures 73.04% and total cumulative return in cash reaches $186,668. For financing, Ziffy Mortgage’s DSCR program evaluates $3,714/mo property income against a $3,802/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1958
6,098 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: N/A • N/A
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