349 N Reno StLos AngelesCA90026
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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
Rental property for sale in Los Angeles at 349 N Reno St, Los Angeles, CA, 90026 offers $5,434/mo rent that, after a $3,304/mo payment, leaves $1,258/mo cash flow. Total monthly income is $5,434/mo, and annual cash flow is $15,097/yr on $222,075 cash. Return on cash invested measures 26.86% in year one, and rental yield stands at 9.66% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 140.09% and total cumulative return in cash reaches $311,103. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,434/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,074 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90026, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,581 (100%) |
| Owner Occupied HU | 5,937 (20.1%) |
| Renter Occupied HU | 21,431 (72.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,242,503 |
| Average Home Value | $1,302,544 |
Housing Distribution
Address Breakdown
Residential
27,883
Single Family
17,253
Multi-Family
10,630
Businesses
1,484
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Listed by: Andrew Brody • Equity Union
Mls Name: CLAW
Mls ID: #25615173