2976 Ripple Pl APT 103Los AngelesCA90039
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 2976 Ripple Pl APT 103, Los Angeles, CA, 90039 in Los Angeles. Rental yield 7.72%. The 1.43 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $163,006 and $5,434/yr in principal reduction project total return of $189,805.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 4.1% |
| Monthly Cash Flow | $(576) | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,798 |
| Total Monthly Debt Service | $4,139 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2016
0.40 Acres lot
$N/A/sqft
$419 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90039, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,826 (100%) |
| Owner Occupied HU | 5,458 (42.6%) |
| Renter Occupied HU | 6,620 (51.6%) |
| Vacant Housing Units | 748 ( 5.8%) |
| Median Home Value | $1,272,886 |
| Average Home Value | $1,362,801 |
Housing Distribution
Address Breakdown
Residential
12,429
Single Family
9,505
Multi-Family
2,924
Businesses
1,141
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
Condo
Built in 2016
0.40 Acres lot
$N/A/sqft
$419 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90039, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,826 (100%) |
| Owner Occupied HU | 5,458 (42.6%) |
| Renter Occupied HU | 6,620 (51.6%) |
| Vacant Housing Units | 748 ( 5.8%) |
| Median Home Value | $1,272,886 |
| Average Home Value | $1,362,801 |
Housing Distribution
Address Breakdown
Residential
12,429
Single Family
9,505
Multi-Family
2,924
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Carey • Compass
Mls Name: CLAW
Mls Provider:
Mls ID: #25537317
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-10-25 04:40:42 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.