1361 Armadale AveLos AngelesCA90042
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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 1361 Armadale Ave, Los Angeles, CA, 90042 generates $4,972/mo in rent, after a $8,932/mo payment. Total monthly income is $4,972/mo. Return on cash invested sits at 7.55% in year one, and rental yield is 3.27% on a $1,825,000 entry. Equity gained on principal adds $11,776/yr, while 5% annual appreciation builds toward $504,214 over five years. Five-year ROI reaches 36.46% and total cumulative return in cash sums $215,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,972/mo property income rather than buyer’s personal income.
Multi Family
Built in 1923
8,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90042, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,870 (100%) |
| Owner Occupied HU | 8,797 (40.2%) |
| Renter Occupied HU | 12,031 (55.0%) |
| Vacant Housing Units | 1,042 ( 4.8%) |
| Median Home Value | $982,876 |
| Average Home Value | $1,056,298 |
Housing Distribution
Address Breakdown
Residential
20,890
Single Family
13,625
Multi-Family
7,265
Businesses
961
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Listed by: Jessica Romero • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #AR26013239