231 W 88th 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 231 W 88th St, Los Angeles, CA, 90003 earns $724/mo cash flow from $4,126/mo rent with a $2,692/mo payment. Total monthly income totals $4,126/mo, and annual cash flow totals $8,683/yr on $180,950 capital. ROI tracks 24.86% on current figures, and rental yield reads 9% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 129.36% and total cumulative return in cash sums $234,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,126/mo property income instead of your personal income.
Multi Family
Built in 1912
5,351 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: Venus Martinez • Redfin Corporation
Mls Name: CRMLS
Mls ID: #SB25093047