1230 Horn Ave APT 305West HollywoodCA90069
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 1230 Horn Ave APT 305, West Hollywood, CA, 90069 in West Hollywood is a conservative rental investment at $949,000. Rental yield 6.78%. A 1.26 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $262,191; $8,740/yr in principal paydown supplements. Total projected return: $327,335.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 5.5% |
| Monthly Cash Flow | $(1,420) | $1,500 |
City averages based on West Hollywood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,365 |
| Total Monthly Debt Service | $5,493 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1974
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90069, West Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,878 (100%) |
| Owner Occupied HU | 4,844 (32.6%) |
| Renter Occupied HU | 8,463 (56.9%) |
| Vacant Housing Units | 1,571 (10.6%) |
| Median Home Value | $1,437,906 |
| Average Home Value | $1,515,900 |
Housing Distribution
Address Breakdown
Residential
14,833
Single Family
3,592
Multi-Family
11,241
Businesses
1,870
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
Condo
Built in 1974
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90069, West Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,878 (100%) |
| Owner Occupied HU | 4,844 (32.6%) |
| Renter Occupied HU | 8,463 (56.9%) |
| Vacant Housing Units | 1,571 (10.6%) |
| Median Home Value | $1,437,906 |
| Average Home Value | $1,515,900 |
Housing Distribution
Address Breakdown
Residential
14,833
Single Family
3,592
Multi-Family
11,241
Businesses
1,870
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CLAW
Mls ID: #26688545