1643 S Fairfax AveLos AngelesCA90019
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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 1643 S Fairfax Ave, Los Angeles, CA, 90019 generates $5,816/mo in rent, after a $4,870/mo payment. Total monthly income is $5,816/mo. Return on cash invested sits at 18.82% in year one, and rental yield is 7.01% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 96.94% and total cumulative return in cash sums $317,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,816/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
6,377 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90019, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,373 (100%) |
| Owner Occupied HU | 6,308 (23.9%) |
| Renter Occupied HU | 18,390 (69.7%) |
| Vacant Housing Units | 1,675 ( 6.4%) |
| Median Home Value | $1,377,752 |
| Average Home Value | $1,408,192 |
Housing Distribution
Address Breakdown
Residential
25,251
Single Family
13,438
Multi-Family
11,813
Businesses
1,478
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Listed by: Scott Greenberg • Equity Union
Mls Name: CLAW
Mls ID: #25554041