1116 N Herbert AveLos AngelesCA90063
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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 1116 N Herbert Ave, Los Angeles, CA, 90063 listed at $760,000 pairs $3,815/mo rent with a $3,720/mo payment. Total monthly income runs $3,815/mo. Return on cash invested measures 15.8% in year one, and rental yield registers 6.02% at a $760,000 basis. Equity gained on principal adds $4,904/yr, and annual property appreciation at 5% supports $209,974 by year five. Five-year ROI tracks 80.81% and total cumulative return in cash totals $202,057. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,815/mo property income relative to a $3,720/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
5,514 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90063, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,260 (100%) |
| Owner Occupied HU | 5,291 (37.1%) |
| Renter Occupied HU | 8,395 (58.9%) |
| Vacant Housing Units | 574 ( 4.0%) |
| Median Home Value | $684,725 |
| Average Home Value | $755,662 |
Housing Distribution
Address Breakdown
Residential
13,249
Single Family
10,368
Multi-Family
2,881
Businesses
826
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Listed by: ITZEL BARRUETA • VISMAR REAL ESTATE
Mls Name: CRMLS
Mls ID: #MB25176934