2426 Fairmount StLos AngelesCA90033
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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 2426 Fairmount St, Los Angeles, CA, 90033 generates $3,666/mo in rent, after a $4,875/mo payment. Total monthly income is $3,666/mo. Return on cash invested sits at 10.92% in year one, and rental yield is 4.42% on a $996,000 entry. Equity gained on principal adds $6,427/yr, while 5% annual appreciation builds toward $275,176 over five years. Five-year ROI reaches 54.61% and total cumulative return in cash sums $178,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,666/mo property income rather than buyer’s personal income.
Multi Family
Built in 1932
6,991 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90033, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,884 (100%) |
| Owner Occupied HU | 2,284 (16.5%) |
| Renter Occupied HU | 10,928 (78.7%) |
| Vacant Housing Units | 672 ( 4.8%) |
| Median Home Value | $739,570 |
| Average Home Value | $772,067 |
Housing Distribution
Address Breakdown
Residential
13,145
Single Family
8,992
Multi-Family
4,153
Businesses
1,163
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Listed by: Isabel Velez • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25606053