2340 N Thomas StLos AngelesCA90031
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
Investment Highlights
Investment property for sale in Los Angeles at 2340 N Thomas St, Los Angeles, CA, 90031 offers a 7.82% rental yield on a $514,950 purchase with $3,354/mo rent. Total monthly income registers $3,354/mo, and a $2,520/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,026/yr on $169,419 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,271 over five years. Portfolio math shows five-year ROI at 110.03% and total cumulative return in cash at $186,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,354/mo property income against a $2,520/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90031, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,876 (100%) |
| Owner Occupied HU | 3,634 (28.2%) |
| Renter Occupied HU | 8,551 (66.4%) |
| Vacant Housing Units | 691 ( 5.4%) |
| Median Home Value | $882,740 |
| Average Home Value | $962,531 |
Housing Distribution
Address Breakdown
Residential
11,497
Single Family
7,764
Multi-Family
3,733
Businesses
885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gerardo Ascencio • Mission Real Estate
Mls Name: GAVAR
Mls ID: #25005574