1440 Veteran Ave APT 329Los AngelesCA90024
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1440 Veteran Ave APT 329, Los Angeles, CA, 90024 in Los Angeles carries a 1.55 coverage ratio, rent of $5,004/mo is 1.55 times the $3,237/mo payment. Rental yield 8.34%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $719,950 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $198,909; total projected cumulative return: $241,849.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.1% |
| Monthly Cash Flow | $(560) | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,004 |
| Total Monthly Debt Service | $5,277 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
2.22 Acres lot
$N/A/sqft
$919 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90024, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,827 (100%) |
| Owner Occupied HU | 5,918 (29.8%) |
| Renter Occupied HU | 11,006 (55.5%) |
| Vacant Housing Units | 2,903 (14.6%) |
| Median Home Value | $1,788,433 |
| Average Home Value | $1,647,785 |
Housing Distribution
Address Breakdown
Residential
19,386
Single Family
3,874
Multi-Family
15,512
Businesses
1,782
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
Condo
Built in 1972
2.22 Acres lot
$N/A/sqft
$919 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90024, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,827 (100%) |
| Owner Occupied HU | 5,918 (29.8%) |
| Renter Occupied HU | 11,006 (55.5%) |
| Vacant Housing Units | 2,903 (14.6%) |
| Median Home Value | $1,788,433 |
| Average Home Value | $1,647,785 |
Housing Distribution
Address Breakdown
Residential
19,386
Single Family
3,874
Multi-Family
15,512
Businesses
1,782
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices