1115 S Elm Dr APT 207Los AngelesCA90035
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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
Investment property for sale in Los Angeles at 1115 S Elm Dr APT 207, Los Angeles, CA, 90035 listed at $575,000 pairs $3,317/mo rent with a $2,814/mo payment. Total monthly income runs $3,317/mo. Return on cash invested measures 18.54% in year one, and rental yield registers 6.92% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 95.47% and total cumulative return in cash totals $180,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,317/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90035, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,305 (100%) |
| Owner Occupied HU | 3,850 (26.9%) |
| Renter Occupied HU | 9,309 (65.1%) |
| Vacant Housing Units | 1,146 ( 8.0%) |
| Median Home Value | $1,765,067 |
| Average Home Value | $1,659,614 |
Housing Distribution
Address Breakdown
Residential
13,682
Single Family
5,895
Multi-Family
7,787
Businesses
1,335
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Listed by: John Contabile • CA Flat Fee Listings
Mls Name: CRMLS
Mls ID: #CV25231378