11965 Gorham Ave APT 503Los AngelesCA90049
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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 11965 Gorham Ave APT 503, Los Angeles, CA, 90049 uses $312,221 cash to close to unlock $6,650/yr annual cash flow and $554/mo monthly cash flow. Total monthly income runs $6,425/mo, and a $4,645/mo payment keeps the spread at $554/mo. Purchase price stands at $949,000, and rental yield measures 8.12% with $6,425/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 115.05% and total cumulative return in cash records $359,208. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,425/mo property income covering a $4,645/mo payment rather than investor’s personal income.
Condo
Built in 1969
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90049, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,355 (100%) |
| Owner Occupied HU | 8,829 (48.1%) |
| Renter Occupied HU | 8,196 (44.7%) |
| Vacant Housing Units | 1,330 ( 7.2%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,855,643 |
Housing Distribution
Address Breakdown
Residential
18,141
Single Family
8,581
Multi-Family
9,560
Businesses
1,138
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Listed by: Arlene Lafferty • Estate Properties
Mls Name: CLAW
Mls ID: #25586263