1121 N Normandie AveLos AngelesCA90029
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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 1121 N Normandie Ave, Los Angeles, CA, 90029 listed at $216,595 pairs $6,661/mo rent with a $1,060/mo payment to leave $5,178/mo cash flow. Total monthly income runs $6,661/mo, and annual cash flow reaches $62,135/yr on $71,801 cash to close. Return on cash invested measures 106.45% in year one, and rental yield registers 36.9% at a $216,595 basis. Equity gained on principal adds $1,398/yr, and annual property appreciation at 5% supports $59,841 by year five. Five-year ROI tracks 567.75% and total cumulative return in cash totals $407,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,661/mo property income relative to a $1,060/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1923
4,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90029, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,447 (100%) |
| Owner Occupied HU | 1,273 ( 8.8%) |
| Renter Occupied HU | 12,309 (85.2%) |
| Vacant Housing Units | 865 ( 6.0%) |
| Median Home Value | $1,196,013 |
| Average Home Value | $1,237,326 |
Housing Distribution
Address Breakdown
Residential
14,739
Single Family
5,361
Multi-Family
9,378
Businesses
1,447
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Listed by: N/A • N/A
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