2831 S Corning StLos AngelesCA90034
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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
Investment property for sale in Los Angeles at 2831 S Corning St, Los Angeles, CA, 90034 earns from $4,841/mo rent with a $7,582/mo payment. Total monthly income totals $4,841/mo. ROI tracks 9.03% on current figures, and rental yield reads 3.75% at a $1,549,000 purchase. Equity gained on principal adds $9,995/yr, and 5% annual appreciation supports $427,960 over five years. Five-year ROI reaches 44.42% and total cumulative return in cash sums $222,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,841/mo property income instead of your personal income.
Single Family
Built in 1924
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90034, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,116 (100%) |
| Owner Occupied HU | 5,062 (18.0%) |
| Renter Occupied HU | 21,281 (75.7%) |
| Vacant Housing Units | 1,773 ( 6.3%) |
| Median Home Value | $1,450,369 |
| Average Home Value | $1,481,183 |
Housing Distribution
Address Breakdown
Residential
27,743
Single Family
6,907
Multi-Family
20,836
Businesses
1,309
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Listed by: Jackie Smith • Compass
Mls Name: CLAW
Mls ID: #25623369