421 S La Fayette Park Pl APT 301Los AngelesCA90057
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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
Investment property for sale in Los Angeles at 421 S La Fayette Park Pl APT 301, Los Angeles, CA, 90057 listed at $350,000 pairs $2,316/mo rent with a $1,713/mo payment to leave $151/mo cash flow. Total monthly income runs $2,316/mo, and annual cash flow reaches $1,811/yr on $116,025 cash to close. Return on cash invested measures 21.47% in year one, and rental yield registers 7.94% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 111.21% and total cumulative return in cash totals $129,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,316/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90057, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,795 (100%) |
| Owner Occupied HU | 580 ( 3.3%) |
| Renter Occupied HU | 15,824 (88.9%) |
| Vacant Housing Units | 1,391 ( 7.8%) |
| Median Home Value | $718,006 |
| Average Home Value | $794,030 |
Housing Distribution
Address Breakdown
Residential
16,869
Single Family
1,829
Multi-Family
15,040
Businesses
1,398
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Listed by: Amber Seo Campos • New Star Realty
Mls Name: CLAW
Mls ID: #25618427