2978 Ripple Pl #105Los AngelesCA90039
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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 2978 Ripple Pl #105, Los Angeles, CA, 90039 earns from $4,678/mo rent with a $3,813/mo payment. Total monthly income totals $4,678/mo. ROI tracks 19.4% on current figures, and rental yield reads 7.21% at a $779,000 purchase. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 over five years. Five-year ROI reaches 100.07% and total cumulative return in cash sums $256,466. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,678/mo property income instead of your personal income.
Condo
Built in 2016
0.38 Acres lot
$N/A/sqft
No 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
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Listed by: Kenya Reeves-Costa • Compass
Mls Name: CLAW
Mls ID: #25590937