324 N Palm Dr UNIT 407Beverly HillsCA90210
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 324 N Palm Dr UNIT 407, Beverly Hills, CA, 90210 in Beverly Hills worth study. Rental yield 5.31%. The 5.31% gross yield is below cash-flow benchmarks at $1,410,410, but 5% annual appreciation, adding $389,670 over five years, frames this as a capital growth position. Rent of $6,240/mo partially offsets the $6,342/mo payment. Ziffy Mortgage finances appreciation-play properties (0.98 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $296,114.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 4.2% |
| Monthly Cash Flow | $(3,798) | $1,200 |
City averages based on Beverly Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,240 |
| Total Monthly Debt Service | $9,477 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1980
0.58 Acres lot
$N/A/sqft
$1,045 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90210, Beverly Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,776 (100%) |
| Owner Occupied HU | 6,073 (62.1%) |
| Renter Occupied HU | 2,502 (25.6%) |
| Vacant Housing Units | 1,201 (12.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,917,357 |
Housing Distribution
Address Breakdown
Residential
9,513
Single Family
7,042
Multi-Family
2,471
Businesses
1,484
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
Condo
Built in 1980
0.58 Acres lot
$N/A/sqft
$1,045 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90210, Beverly Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,776 (100%) |
| Owner Occupied HU | 6,073 (62.1%) |
| Renter Occupied HU | 2,502 (25.6%) |
| Vacant Housing Units | 1,201 (12.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,917,357 |
Housing Distribution
Address Breakdown
Residential
9,513
Single Family
7,042
Multi-Family
2,471
Businesses
1,484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Billinger • The Hills Premier Realty
Mls Name: CLAW
Mls Provider:
Mls ID: #25-489413
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-02-11 11:33:35 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.