332 S Serrano Ave APT 101Los AngelesCA90020
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
Rental property for sale in Los Angeles at 332 S Serrano Ave APT 101, Los Angeles, CA, 90020 generates $4,326/mo in rent, after a $3,911/mo payment. Total monthly income is $4,326/mo. Return on cash invested sits at 17.24% in year one, and rental yield is 6.5% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 88.5% and total cumulative return in cash sums $232,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,326/mo property income rather than buyer’s personal income.
Condo
Built in 2006
9,015 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melody Ghapryelian • Strategic Estates Group
Mls Name: CRMLS
Mls ID: #GD25258502