1605 Council StLos AngelesCA90026
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
Rental property for sale in Los Angeles at 1605 Council St, Los Angeles, CA, 90026 priced at $1,295,000 converts $4,570/mo rent into after a $6,338/mo obligation. Total monthly income equals $4,570/mo. Return on cash invested prints 10.53% in year one, and rental yield reads 4.23% against a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation compiles into $357,785 by year five. Five-year ROI reaches 52.45% and total cumulative return in cash sums $220,050. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,570/mo property income covering a $6,338/mo payment, not borrower’s personal income.
Single Family
Built in 1904
4,203 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90026, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,581 (100%) |
| Owner Occupied HU | 5,937 (20.1%) |
| Renter Occupied HU | 21,431 (72.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,242,503 |
| Average Home Value | $1,302,544 |
Housing Distribution
Address Breakdown
Residential
27,883
Single Family
17,253
Multi-Family
10,630
Businesses
1,484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cael Kirkland • Figure 8 Realty
Mls Name: CLAW
Mls ID: #26637593