214 S Avenue 66, Los Angeles, CA, 90042 | $1,284/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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214 S Avenue 66, Los Angeles, CA, 90042 | $1,284/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Los Angeles at 214 S Avenue 66, Los Angeles, CA, 90042 listed at $750,000 pairs $5,924/mo rent with a $3,671/mo payment to leave $1,284/mo cash flow. Total monthly income runs $5,924/mo, and annual cash flow reaches $15,411/yr on $246,750 cash to close. Return on cash invested measures 26.31% in year one, and rental yield registers 9.48% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 137.12% and total cumulative return in cash totals $338,334. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,924/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1905

7,002 sqft lot

$N/A/sqft

No HOA

More details about the property

Fixer...Early 1900's home in Highland Park. 3 bed, 2 Bath, two story on a quiet street. One bedroom and bath on the first floor and 2 bedrooms with 2nd bath on the second floor. The home sits far back on the lot offering a very large front yard. Garage is detached and has been used as a shop. Fully fenced. This is a fixer and priced accordingly. DO NOT GO ON TO THE PROPERTY!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90042, Los Angeles, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,870 (100%)
Owner Occupied HU	8,797 (40.2%)
Renter Occupied HU	12,031 (55.0%)
Vacant Housing Units	1,042 ( 4.8%)
Median Home Value	$982,876
Average Home Value	$1,056,298