3224 N GriffinLos 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 3224 N Griffin, Los Angeles, CA, 90031 listed at $850,000 pairs $3,180/mo rent with a $4,160/mo payment. Total monthly income runs $3,180/mo. Return on cash invested measures 11.14% in year one, and rental yield registers 4.49% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 55.81% and total cumulative return in cash totals $156,070. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,180/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
4,385 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: Hector Gutierrez • Keller Williams, The Lakes
Mls Name: CRMLS
Mls ID: #SW25269246