108 W 2nd St APT 701Los AngelesCA90012
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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 $3,110/mo, and a $2,540/mo payment. Purchase price stands at $519,000, and rental yield measures 7.19% with $3,110/mo rent. Return on cash invested shows 19.35% in year one, and 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 99.84% and total cumulative return in cash records $170,481. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,110/mo property income covering a $2,540/mo payment rather than investor’s personal income.
Condo
Built in 1910
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90012, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,994 (100%) |
| Owner Occupied HU | 1,413 ( 8.3%) |
| Renter Occupied HU | 13,925 (81.9%) |
| Vacant Housing Units | 1,656 ( 9.7%) |
| Median Home Value | $858,384 |
| Average Home Value | $984,713 |
Housing Distribution
Address Breakdown
Residential
15,892
Single Family
5,009
Multi-Family
10,883
Businesses
2,753
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Listed by: Harold Bastian • Amalgamated Metropolitan Properties, Inc
Mls Name: CLAW
Mls ID: #25582293