1247 W 8th StLos AngelesCA90017
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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
Total monthly income runs $1,900/mo, and a $7,097/mo payment. Purchase price stands at $1,450,000, and rental yield measures 1.57% with $1,900/mo rent. Return on cash invested shows 2.31% in year one, and 5% annual appreciation builds toward $400,608 over five years. Five-year ROI reaches 8.38% and total cumulative return in cash records $39,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,900/mo property income covering a $7,097/mo payment rather than investor’s personal income.
Multi Family
Built in 1910
5,505 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90017, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,229 (100%) |
| Owner Occupied HU | 1,293 ( 6.7%) |
| Renter Occupied HU | 13,916 (72.4%) |
| Vacant Housing Units | 4,020 (20.9%) |
| Median Home Value | $1,096,473 |
| Average Home Value | $1,322,918 |
Housing Distribution
Address Breakdown
Residential
15,923
Single Family
5,324
Multi-Family
10,599
Businesses
1,805
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Listed by: Sean Rosenzweig • Marcus & Millichap
Mls Name: CLAW
Mls ID: #25601441