1247 E Vernon AveLos AngelesCA90011
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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
Rental property for sale in Los Angeles at 1247 E Vernon Ave, Los Angeles, CA, 90011 priced at $899,000 converts $5,491/mo rent into after a $4,400/mo obligation. Total monthly income equals $5,491/mo. Return on cash invested prints 19.78% in year one, and rental yield reads 7.33% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 102.08% and total cumulative return in cash sums $301,930. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,491/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Multi Family
Built in 2007
5,113 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90011, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,860 (100%) |
| Owner Occupied HU | 6,158 (24.8%) |
| Renter Occupied HU | 17,883 (71.9%) |
| Vacant Housing Units | 819 ( 3.3%) |
| Median Home Value | $624,730 |
| Average Home Value | $696,731 |
Housing Distribution
Address Breakdown
Residential
23,784
Single Family
19,209
Multi-Family
4,575
Businesses
1,871
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Listed by: Jongmin Park • Dream Realty & Investments Inc
Mls Name: CLAW
Mls ID: #25577351