1940 N Highland Ave APT 66Los AngelesCA90068
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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 1940 N Highland Ave APT 66, Los Angeles, CA, 90068 listed at $799,888 pairs $6,100/mo rent with a $3,915/mo payment to leave $1,152/mo cash flow. Total monthly income runs $6,100/mo, and annual cash flow reaches $13,822/yr on $263,163 cash to close. Return on cash invested measures 25.31% in year one, and rental yield registers 9.15% at a $799,888 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $220,994 by year five. Five-year ROI tracks 131.77% and total cumulative return in cash totals $346,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,100/mo property income relative to a $3,915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90068, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,506 (100%) |
| Owner Occupied HU | 5,508 (38.0%) |
| Renter Occupied HU | 7,744 (53.4%) |
| Vacant Housing Units | 1,254 ( 8.6%) |
| Median Home Value | $1,799,158 |
| Average Home Value | $1,716,947 |
Housing Distribution
Address Breakdown
Residential
13,819
Single Family
7,118
Multi-Family
6,701
Businesses
402
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Listed by: Marisela Halachian • Fredericks Realty
Mls Name: CRMLS
Mls ID: #SB25187026