323 W 60th StLos AngelesCA90003
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 323 W 60th St, Los Angeles, CA, 90003 offers a 9.21% rental yield on a $799,999 purchase with $6,139/mo rent. Total monthly income registers $6,139/mo, and a $3,916/mo payment leaves $1,190/mo available for distribution. Annual cash flow reaches $14,276/yr on $263,200 to close, and return on cash invested stands at 25.48% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $221,025 over five years. Portfolio math shows five-year ROI at 132.7% and total cumulative return in cash at $349,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,139/mo property income against a $3,916/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1911
6,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90003, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,933 (100%) |
| Owner Occupied HU | 5,267 (29.4%) |
| Renter Occupied HU | 11,912 (66.4%) |
| Vacant Housing Units | 754 ( 4.2%) |
| Median Home Value | $624,005 |
| Average Home Value | $701,404 |
Housing Distribution
Address Breakdown
Residential
18,164
Single Family
14,509
Multi-Family
3,655
Businesses
1,640
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Listed by: Alberto Sanchez • Century 21 A Better Service
Mls Name: CRMLS
Mls ID: #DW25248303