2404 Glover PlLos 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 2404 Glover Pl, Los Angeles, CA, 90031 priced at $899,000 pairs $5,911/mo rent with $350/mo cash flow after a $4,400/mo payment. Total monthly income equals $5,911/mo, and annual cash flow comes to $4,197/yr on $295,771 invested. Return on cash invested is 21.48% in year one, and rental yield stands at 7.89% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 111.22% and total cumulative return in cash reaches $328,966. For financing, Ziffy Mortgage’s DSCR program evaluates $5,911/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1929
4,599 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: Lacy Register • Compass
Mls Name: CLAW
Mls ID: #25610399