1937 Ripple StLos AngelesCA90039
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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
Investment property for sale in Los Angeles at 1937 Ripple St, Los Angeles, CA, 90039 at $1,229,000 posts ROI 23.67% with $1,096/mo cash flow from $8,698/mo rent. Total monthly income equals $8,698/mo, and annual cash flow records $13,146/yr on $398,196 to close. Return on cash invested measures 23.67% and rental yield reads 8.49% at the current $1,229,000. Equity gained on principal adds $7,931/yr, and 5% annual appreciation supports $339,550 by year five. Five-year ROI prints 122.92% and total cumulative return in cash totals $489,452.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,698/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
6,758 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90039, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,826 (100%) |
| Owner Occupied HU | 5,458 (42.6%) |
| Renter Occupied HU | 6,620 (51.6%) |
| Vacant Housing Units | 748 ( 5.8%) |
| Median Home Value | $1,272,886 |
| Average Home Value | $1,362,801 |
Housing Distribution
Address Breakdown
Residential
12,429
Single Family
9,505
Multi-Family
2,924
Businesses
1,141
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Nearby investment properties with comparable prices
Listed by: Alan Zemek • LRS Realty & Management Inc
Mls Name: CRMLS
Mls Provider:
Mls ID: #OC24021302
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information