2304 Hillcrest DrLos AngelesCA90016
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2304 Hillcrest Dr, Los Angeles, CA, 90016 in Los Angeles is priced for appreciation, not yield. Rental yield 4.37%. At $989,000 with a 4.37% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $273,242 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.81) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $213,246.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 4.1% |
| Monthly Cash Flow | $(2,515) | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,604 |
| Total Monthly Debt Service | $5,725 |
| DSCR Ratio | 0.63x |
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.
Multi Family
Built in 1920
7,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90016, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,970 (100%) |
| Owner Occupied HU | 6,190 (32.6%) |
| Renter Occupied HU | 11,675 (61.5%) |
| Vacant Housing Units | 1,105 ( 5.8%) |
| Median Home Value | $963,891 |
| Average Home Value | $1,067,045 |
Housing Distribution
Address Breakdown
Residential
18,801
Single Family
12,534
Multi-Family
6,267
Businesses
1,270
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
Multi Family
Built in 1920
7,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90016, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,970 (100%) |
| Owner Occupied HU | 6,190 (32.6%) |
| Renter Occupied HU | 11,675 (61.5%) |
| Vacant Housing Units | 1,105 ( 5.8%) |
| Median Home Value | $963,891 |
| Average Home Value | $1,067,045 |
Housing Distribution
Address Breakdown
Residential
18,801
Single Family
12,534
Multi-Family
6,267
Businesses
1,270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryant Alvarado • REAL BROKERAGE TECHNOLOGIES
Mls Name: CRMLS
Mls ID: #CV25134139