1015 N Kings Rd APT 218West HollywoodCA90069
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1015 N Kings Rd APT 218, West Hollywood, CA, 90069 in West Hollywood at $749,000 earns $5,233/mo in rent and nets $20/mo after the $3,368/mo payment, a 8.38% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $206,935 over five years. Ziffy Mortgage underwrites this on a 1.55 DSCR without U.S. credit history. With $6,898/yr in principal paydown, total projected return reaches $287,796.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $20 | $1,500 |
City averages based on West Hollywood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,233 |
| Total Monthly Debt Service | $4,915 |
| DSCR Ratio | 1.06x |
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 1965
0.89 Acres lot
$N/A/sqft
$580 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90069, West Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,878 (100%) |
| Owner Occupied HU | 4,844 (32.6%) |
| Renter Occupied HU | 8,463 (56.9%) |
| Vacant Housing Units | 1,571 (10.6%) |
| Median Home Value | $1,437,906 |
| Average Home Value | $1,515,900 |
Housing Distribution
Address Breakdown
Residential
14,833
Single Family
3,592
Multi-Family
11,241
Businesses
1,870
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 1965
0.89 Acres lot
$N/A/sqft
$580 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90069, West Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,878 (100%) |
| Owner Occupied HU | 4,844 (32.6%) |
| Renter Occupied HU | 8,463 (56.9%) |
| Vacant Housing Units | 1,571 (10.6%) |
| Median Home Value | $1,437,906 |
| Average Home Value | $1,515,900 |
Housing Distribution
Address Breakdown
Residential
14,833
Single Family
3,592
Multi-Family
11,241
Businesses
1,870
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices