3119 Manitou AveLos AngelesCA90031
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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 3119 Manitou Ave, Los Angeles, CA, 90031 uses $132,269 cash to close to unlock $12,715/yr annual cash flow and $1,060/mo monthly cash flow. Total monthly income runs $3,528/mo, and a $1,953/mo payment keeps the spread at $1,060/mo. Purchase price stands at $399,000, and rental yield measures 10.61% with $3,528/mo rent. Return on cash invested shows 29.52% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 154.39% and total cumulative return in cash records $204,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,528/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Multi Family
Built in 1905
5,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90031, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,876 (100%) |
| Owner Occupied HU | 3,634 (28.2%) |
| Renter Occupied HU | 8,551 (66.4%) |
| Vacant Housing Units | 691 ( 5.4%) |
| Median Home Value | $882,740 |
| Average Home Value | $962,531 |
Housing Distribution
Address Breakdown
Residential
11,497
Single Family
7,764
Multi-Family
3,733
Businesses
885
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Listed by: Larry Weiner • Flans & Weiner, Inc.
Mls Name: CRMLS
Mls ID: #SR25281841