118 E 61st StLos AngelesCA90003
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 118 E 61st St, Los Angeles, CA, 90003 in Los Angeles speaks for itself: 10.55% gross on a $608,000 price, generating $5,347/mo in rent and $1,586/mo in net income after the $2,734/mo debt service. DSCR 1.96, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,032 stacks alongside $167,979 in projected five-year appreciation and $5,600/yr in principal reduction. Projected total cumulative return: $332,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 4.1% |
| Monthly Cash Flow | $1,586 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,347 |
| Total Monthly Debt Service | $3,519 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Multi Family
Built in 1956
5,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90003, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,933 (100%) |
| Owner Occupied HU | 5,267 (29.4%) |
| Renter Occupied HU | 11,912 (66.4%) |
| Vacant Housing Units | 754 ( 4.2%) |
| Median Home Value | $624,005 |
| Average Home Value | $701,404 |
Housing Distribution
Address Breakdown
Residential
18,164
Single Family
14,509
Multi-Family
3,655
Businesses
1,640
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
Multi Family
Built in 1956
5,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90003, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,933 (100%) |
| Owner Occupied HU | 5,267 (29.4%) |
| Renter Occupied HU | 11,912 (66.4%) |
| Vacant Housing Units | 754 ( 4.2%) |
| Median Home Value | $624,005 |
| Average Home Value | $701,404 |
Housing Distribution
Address Breakdown
Residential
18,164
Single Family
14,509
Multi-Family
3,655
Businesses
1,640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices