215 W 7th St APT 1108Los AngelesCA90014
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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 W 7th St APT 1108, Los Angeles, CA, 90014 listed at $579,000 pairs $2,821/mo rent with a $2,834/mo payment. Total monthly income runs $2,821/mo. Return on cash invested measures 15.27% in year one, and rental yield registers 5.85% at a $579,000 basis. Equity gained on principal adds $3,736/yr, and annual property appreciation at 5% supports $159,967 by year five. Five-year ROI tracks 77.93% and total cumulative return in cash totals $148,459. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,821/mo property income relative to a $2,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1911
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90014, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 280 ( 3.6%) |
| Renter Occupied HU | 6,509 (83.4%) |
| Vacant Housing Units | 1,017 (13.0%) |
| Median Home Value | $883,403 |
| Average Home Value | $981,410 |
Housing Distribution
Address Breakdown
Residential
6,498
Single Family
2,250
Multi-Family
4,248
Businesses
4,740
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Listed by: Rafael Gevorkian • Redfin Corporation
Mls Name: CRMLS
Mls ID: #SR25224888