205 W Vernon AveLos AngelesCA90037
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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 205 W Vernon Ave, Los Angeles, CA, 90037 offers $1,798/mo rent that, after a $4,772/mo payment. Total monthly income is $1,798/mo. Return on cash invested measures 4.22% in year one, and rental yield stands at 2.21% at a $975,000 entry. Equity gained on principal adds $6,292/yr while 5% annual appreciation compounds into $269,375 by year five. Five-year ROI records 18.69% and total cumulative return in cash reaches $59,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,798/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1907
5,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90037, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,643 (100%) |
| Owner Occupied HU | 4,171 (23.6%) |
| Renter Occupied HU | 12,641 (71.6%) |
| Vacant Housing Units | 831 ( 4.7%) |
| Median Home Value | $683,518 |
| Average Home Value | $770,661 |
Housing Distribution
Address Breakdown
Residential
17,966
Single Family
13,069
Multi-Family
4,897
Businesses
1,202
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Listed by: Casey Lins • Kidder Mathews of California, Inc.
Mls Name: CLAW
Mls ID: #25626981