353 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 353 N Reno St, Los Angeles, CA, 90026 priced at $720,000 converts $6,942/mo rent into $2,488/mo cash flow after a $3,524/mo obligation. Total monthly income equals $6,942/mo, and annual cash flow totals $29,856/yr on $236,880 invested. Return on cash invested prints 32.66% in year one, and rental yield reads 11.57% against a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation compiles into $198,923 by year five. Five-year ROI reaches 171.19% and total cumulative return in cash sums $405,523. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,942/mo property income covering a $3,524/mo payment, not borrower’s personal income.
Single Family
Built in 1913
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: #25535969