421 S La Fayette Park Pl APT 427Los 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
Rental property for sale in Los Angeles at 421 S La Fayette Park Pl APT 427, Los Angeles, CA, 90057 generates $2,316/mo in rent, after a $1,953/mo payment. Total monthly income is $2,316/mo. Return on cash invested sits at 18.53% in year one, and rental yield is 6.97% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 95.43% and total cumulative return in cash sums $126,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,316/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A 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: Christina Kim • New Star Realty & Investment
Mls Name: CRMLS
Mls ID: #PW25219969