1055 S Serrano Ave #305Los AngelesCA90006
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 1055 S Serrano Ave #305, Los Angeles, CA, 90006 in Los Angeles. Rental yield 6.37%. The 1.18 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $193,121 and $6,438/yr in principal reduction project total return of $225,501.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 4.1% |
| Monthly Cash Flow | $(1,027) | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,709 |
| Total Monthly Debt Service | $4,046 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90006, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,993 (100%) |
| Owner Occupied HU | 1,827 ( 8.3%) |
| Renter Occupied HU | 18,730 (85.2%) |
| Vacant Housing Units | 1,436 ( 6.5%) |
| Median Home Value | $896,358 |
| Average Home Value | $1,011,809 |
Housing Distribution
Address Breakdown
Residential
21,527
Single Family
8,018
Multi-Family
13,509
Businesses
2,018
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 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90006, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,993 (100%) |
| Owner Occupied HU | 1,827 ( 8.3%) |
| Renter Occupied HU | 18,730 (85.2%) |
| Vacant Housing Units | 1,436 ( 6.5%) |
| Median Home Value | $896,358 |
| Average Home Value | $1,011,809 |
Housing Distribution
Address Breakdown
Residential
21,527
Single Family
8,018
Multi-Family
13,509
Businesses
2,018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSListings Inc
Mls ID: #ML82041219