1407 Constance StLos AngelesCA90015
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
Investment Highlights
Investment property for sale in Los Angeles at 1407 Constance St, Los Angeles, CA, 90015 offers a 1.46% rental yield on a $1,900,000 purchase with $2,304/mo rent. 95% in year one. Equity gained on principal adds $12,260/yr while 5% annual appreciation supports $524,935 over five years. Portfolio math shows five-year ROI at 6.42% and total cumulative return in cash at $39,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,304/mo property income against a $9,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1893
7,302 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90015, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 1,341 ( 8.0%) |
| Renter Occupied HU | 13,041 (77.6%) |
| Vacant Housing Units | 2,424 (14.4%) |
| Median Home Value | $1,051,122 |
| Average Home Value | $1,210,352 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
7,074
Multi-Family
7,855
Businesses
6,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Sebastian Ferman • Metropolitan Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408332
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.