215 W 7th St APT 508Los AngelesCA90014
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 215 W 7th St APT 508, Los Angeles, CA, 90014 in Los Angeles is a conservative rental investment at $465,000. Rental yield 7.04%. A 1.30 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $128,471; $4,283/yr in principal paydown supplements. Total projected return: $166,638.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 4.1% |
| Monthly Cash Flow | $(941) | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,726 |
| Total Monthly Debt Service | $2,692 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yuri Huxley • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #26651195