126 E 118th PlLos AngelesCA90061
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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 126 E 118th Pl, Los Angeles, CA, 90061 uses $197,071 cash to close to unlock $10,815/yr annual cash flow and $901/mo monthly cash flow. Total monthly income runs $4,607/mo, and a $2,932/mo payment keeps the spread at $901/mo. Purchase price stands at $599,000, and rental yield measures 9.23% with $4,607/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 133.06% and total cumulative return in cash records $262,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,607/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1940
5,565 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90061, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,560 (100%) |
| Owner Occupied HU | 3,151 (41.7%) |
| Renter Occupied HU | 4,161 (55.0%) |
| Vacant Housing Units | 248 ( 3.3%) |
| Median Home Value | $626,642 |
| Average Home Value | $720,344 |
Housing Distribution
Address Breakdown
Residential
7,694
Single Family
5,748
Multi-Family
1,946
Businesses
747
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Listed by: Marisol Perea • Nexgen Realtors
Mls Name: CRMLS
Mls ID: #CV25181821