121 S Hope St APT 429Los AngelesCA90012
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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 121 S Hope St APT 429, Los Angeles, CA, 90012 offers a 8.34% rental yield on a $429,999 purchase with $2,987/mo rent. Total monthly income registers $2,987/mo, and a $2,105/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,919/yr on $142,545 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 117.6% and total cumulative return in cash at $167,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,987/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90012, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,994 (100%) |
| Owner Occupied HU | 1,413 ( 8.3%) |
| Renter Occupied HU | 13,925 (81.9%) |
| Vacant Housing Units | 1,656 ( 9.7%) |
| Median Home Value | $858,384 |
| Average Home Value | $984,713 |
Housing Distribution
Address Breakdown
Residential
15,892
Single Family
5,009
Multi-Family
10,883
Businesses
2,753
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Listed by: Chih-Hua Kuo • eXp Realty of California Inc
Mls Name: CLAW
Mls ID: #25576723