320 S Ardmore Ave APT 236Los AngelesCA90020
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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 320 S Ardmore Ave APT 236, Los Angeles, CA, 90020 offers a 8.2% rental yield on a $344,000 purchase with $2,352/mo rent. Total monthly income registers $2,352/mo, and a $1,684/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,684/yr on $114,036 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $2,220/yr while 5% annual appreciation supports $95,041 over five years. Portfolio math shows five-year ROI at 115.47% and total cumulative return in cash at $131,678. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,352/mo property income against a $1,684/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90020, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 1,572 ( 8.3%) |
| Renter Occupied HU | 16,046 (84.4%) |
| Vacant Housing Units | 1,393 ( 7.3%) |
| Median Home Value | $962,466 |
| Average Home Value | $1,227,752 |
Housing Distribution
Address Breakdown
Residential
18,782
Single Family
1,625
Multi-Family
17,157
Businesses
1,441
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Listed by: Justin Marlang • Equity Union
Mls Name: CLAW
Mls ID: #25623893