3155 E 8th StLos AngelesCA90023
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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
Rental property for sale in Los Angeles at 3155 E 8th St, Los Angeles, CA, 90023 generates $4,006/mo in rent and, after a $2,888/mo payment, leaves $356/mo in cash flow. Total monthly income is $4,006/mo, and annual cash flow is $4,271/yr on $194,110 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 8.15% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 115.41% and total cumulative return in cash sums $224,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,006/mo property income rather than buyer’s personal income.
Multi Family
Built in 1961
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90023, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 3,080 (25.7%) |
| Renter Occupied HU | 8,503 (70.9%) |
| Vacant Housing Units | 412 ( 3.4%) |
| Median Home Value | $698,567 |
| Average Home Value | $798,893 |
Housing Distribution
Address Breakdown
Residential
11,672
Single Family
8,290
Multi-Family
3,382
Businesses
1,682
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Listed by: KEITH O'BRIEN • THE MASTERS REALTY
Mls Name: CRMLS
Mls ID: #IV25201231