314-314 W 56th StLos AngelesCA90037
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 314-314 W 56th St, Los Angeles, CA, 90037 listed at $1,499,000 pairs $3,418/mo rent with a $7,337/mo payment. Total monthly income runs $3,418/mo. Return on cash invested measures 5.9% in year one, and rental yield registers 2.74% at a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and annual property appreciation at 5% supports $414,146 by year five. Five-year ROI tracks 27.63% and total cumulative return in cash totals $134,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,418/mo property income relative to a $7,337/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2013
5,867 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90037, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,643 (100%) |
| Owner Occupied HU | 4,171 (23.6%) |
| Renter Occupied HU | 12,641 (71.6%) |
| Vacant Housing Units | 831 ( 4.7%) |
| Median Home Value | $683,518 |
| Average Home Value | $770,661 |
Housing Distribution
Address Breakdown
Residential
17,966
Single Family
13,069
Multi-Family
4,897
Businesses
1,202
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Listed by: Sharlene Ramsingh • BHHS CA Properties
Mls Name: CRMLS
Mls ID: #PW25232737