405 E Vernon AveLos AngelesCA90011
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 405 E Vernon Ave, Los Angeles, CA, 90011 in Los Angeles deserves attention. This $639,000 property earns $7,032/mo in rent, a 13.21% gross yield, and nets $3,079/mo after the $2,873/mo payment. DSCR 2.45 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $176,544 compounds alongside $5,885/yr in yearly equity build, for a total cumulative return of $440,459.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 4.1% |
| Monthly Cash Flow | $3,079 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,032 |
| Total Monthly Debt Service | $3,699 |
| DSCR Ratio | 1.90x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Multi Family
Built in 1905
4,828 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90011, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,860 (100%) |
| Owner Occupied HU | 6,158 (24.8%) |
| Renter Occupied HU | 17,883 (71.9%) |
| Vacant Housing Units | 819 ( 3.3%) |
| Median Home Value | $624,730 |
| Average Home Value | $696,731 |
Housing Distribution
Address Breakdown
Residential
23,784
Single Family
19,209
Multi-Family
4,575
Businesses
1,871
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
Multi Family
Built in 1905
4,828 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90011, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,860 (100%) |
| Owner Occupied HU | 6,158 (24.8%) |
| Renter Occupied HU | 17,883 (71.9%) |
| Vacant Housing Units | 819 ( 3.3%) |
| Median Home Value | $624,730 |
| Average Home Value | $696,731 |
Housing Distribution
Address Breakdown
Residential
23,784
Single Family
19,209
Multi-Family
4,575
Businesses
1,871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices