211 S Berendo St #6Los AngelesCA90004
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.31% gross rental yield, 211 S Berendo St #6, Los Angeles, CA, 90004 in Los Angeles is priced for capital growth, not immediate cash flow. The $529,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $146,153 by year five, with $4,872/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.98) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $114,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 4.1% |
| Monthly Cash Flow | $(1,372) | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $3,502 |
| DSCR Ratio | 0.67x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1925
9,388 sqft lot
$N/A/sqft
$440 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90004, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,518 (100%) |
| Owner Occupied HU | 3,973 (15.0%) |
| Renter Occupied HU | 20,281 (76.5%) |
| Vacant Housing Units | 2,264 ( 8.5%) |
| Median Home Value | $1,478,311 |
| Average Home Value | $1,529,648 |
Housing Distribution
Address Breakdown
Residential
24,685
Single Family
8,009
Multi-Family
16,676
Businesses
1,475
Nearby investment properties with comparable rents
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
Condo
Built in 1925
9,388 sqft lot
$N/A/sqft
$440 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90004, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,518 (100%) |
| Owner Occupied HU | 3,973 (15.0%) |
| Renter Occupied HU | 20,281 (76.5%) |
| Vacant Housing Units | 2,264 ( 8.5%) |
| Median Home Value | $1,478,311 |
| Average Home Value | $1,529,648 |
Housing Distribution
Address Breakdown
Residential
24,685
Single Family
8,009
Multi-Family
16,676
Businesses
1,475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices