305 Arnaz Dr APT 304Los AngelesCA90048
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
Investment Highlights
Investment property for sale in Los Angeles at 305 Arnaz Dr APT 304, Los Angeles, CA, 90048 uses $312,550 cash to close to unlock $4,295/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $6,235/mo, and a $4,650/mo payment keeps the spread at $358/mo. Purchase price stands at $950,000, and rental yield measures 7.88% with $6,235/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 110.98% and total cumulative return in cash records $346,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,235/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Condo
Built in 2004
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90048, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,705 (100%) |
| Owner Occupied HU | 3,392 (24.8%) |
| Renter Occupied HU | 9,096 (66.4%) |
| Vacant Housing Units | 1,217 ( 8.9%) |
| Median Home Value | $1,673,228 |
| Average Home Value | $1,605,761 |
Housing Distribution
Address Breakdown
Residential
13,298
Single Family
5,338
Multi-Family
7,960
Businesses
2,612
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blanche A D'Souza • Compass
Mls Name: CLAW
Mls ID: #26634259