240 E 56th StLos AngelesCA90011
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 240 E 56th St, Los Angeles, CA, 90011 earns $809/mo cash flow from $3,592/mo rent with a $2,202/mo payment. Total monthly income totals $3,592/mo, and annual cash flow totals $9,707/yr on $149,142 capital. ROI tracks 26.42% on current figures, and rental yield reads 9.58% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 137.74% and total cumulative return in cash sums $205,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,592/mo property income instead of your personal income.
Single Family
Built in 1901
3,077 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90011, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,860 (100%) |
| Owner Occupied HU | 6,158 (24.8%) |
| Renter Occupied HU | 17,883 (71.9%) |
| Vacant Housing Units | 819 ( 3.3%) |
| Median Home Value | $624,730 |
| Average Home Value | $696,731 |
Housing Distribution
Address Breakdown
Residential
23,784
Single Family
19,209
Multi-Family
4,575
Businesses
1,871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Venus Martinez • Redfin Corporation
Mls Name: CRMLS
Mls ID: #SB25256068