215 E 85th StLos AngelesCA90003
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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 215 E 85th St, Los Angeles, CA, 90003 uses $223,720 cash to close to unlock $368/yr annual cash flow and $31/mo monthly cash flow. Total monthly income runs $4,237/mo, and a $3,328/mo payment keeps the spread at $31/mo. Purchase price stands at $680,000, and rental yield measures 7.48% with $4,237/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 104.5% and total cumulative return in cash records $233,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,237/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90003, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,933 (100%) |
| Owner Occupied HU | 5,267 (29.4%) |
| Renter Occupied HU | 11,912 (66.4%) |
| Vacant Housing Units | 754 ( 4.2%) |
| Median Home Value | $624,005 |
| Average Home Value | $701,404 |
Housing Distribution
Address Breakdown
Residential
18,164
Single Family
14,509
Multi-Family
3,655
Businesses
1,640
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Listed by: Angeles Ascencio • RE/MAX OLYMPIC
Mls Name: CRMLS
Mls ID: #CV25254683