1649 W 56th StLos AngelesCA90062
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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 1649 W 56th St, Los Angeles, CA, 90062 uses $197,400 cash to close to unlock $8,544/yr annual cash flow and $712/mo monthly cash flow. Total monthly income runs $4,424/mo, and a $2,937/mo payment keeps the spread at $712/mo. Purchase price stands at $600,000, and rental yield measures 8.85% with $4,424/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 126.82% and total cumulative return in cash records $250,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,424/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Multi Family
Built in 1923
4,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90062, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,599 (100%) |
| Owner Occupied HU | 3,997 (41.6%) |
| Renter Occupied HU | 5,178 (53.9%) |
| Vacant Housing Units | 424 ( 4.4%) |
| Median Home Value | $749,305 |
| Average Home Value | $809,909 |
Housing Distribution
Address Breakdown
Residential
9,667
Single Family
8,513
Multi-Family
1,154
Businesses
496
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Listed by: Jeff Russell • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #OC25263941