2340 Thomas StLos AngelesCA90031
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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
Rental property for sale in Los Angeles at 2340 Thomas St, Los Angeles, CA, 90031 generates $2,494/mo in rent, after a $2,716/mo payment. Total monthly income is $2,494/mo. Return on cash invested sits at 13.89% in year one, and rental yield is 5.39% on a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 70.55% and total cumulative return in cash sums $128,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,494/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
1,250 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
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Listed by: Gerardo Jerr Ascencio • Mission Real Estate
Mls Name: CRMLS
Mls ID: #SR25149076