1503 E Gage AveLos AngelesCA90001
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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 1503 E Gage Ave, Los Angeles, CA, 90001 listed at $625,000 pairs $4,181/mo rent with a $3,059/mo payment to leave $315/mo cash flow. Total monthly income runs $4,181/mo, and annual cash flow reaches $3,776/yr on $205,625 cash to close. Return on cash invested measures 21.9% in year one, and rental yield registers 8.03% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 113.47% and total cumulative return in cash totals $233,317. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,181/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
2,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90001, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,071 (100%) |
| Owner Occupied HU | 4,538 (32.3%) |
| Renter Occupied HU | 9,109 (64.7%) |
| Vacant Housing Units | 424 ( 3.0%) |
| Median Home Value | $618,208 |
| Average Home Value | $658,018 |
Housing Distribution
Address Breakdown
Residential
13,484
Single Family
12,410
Multi-Family
1,074
Businesses
1,519
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Listed by: Katrina Gibson-Bragg • Keller Williams Los Angeles
Mls Name: CLAW
Mls ID: #25617073