2415 8th AveLos AngelesCA90018
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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 2415 8th Ave, Los Angeles, CA, 90018 generates $4,513/mo in rent, after a $4,990/mo payment. Total monthly income is $4,513/mo. Return on cash invested sits at 13.85% in year one, and rental yield is 5.31% on a $1,019,500 entry. Equity gained on principal adds $6,579/yr, while 5% annual appreciation builds toward $281,669 over five years. Five-year ROI reaches 70.28% and total cumulative return in cash sums $232,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,513/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
6,773 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90018, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,609 (100%) |
| Owner Occupied HU | 5,463 (29.4%) |
| Renter Occupied HU | 12,122 (65.1%) |
| Vacant Housing Units | 1,024 ( 5.5%) |
| Median Home Value | $925,418 |
| Average Home Value | $1,038,008 |
Housing Distribution
Address Breakdown
Residential
17,157
Single Family
11,091
Multi-Family
6,066
Businesses
891
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Listed by: Margaret Cashion • Berkshire Hathaway HomeServices California Properties
Mls Name: CLAW
Mls ID: #25616767