421 S La Fayette Park Pl APT 720Los 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
Total monthly income runs $2,269/mo, and a $1,855/mo payment. Purchase price stands at $379,000, and rental yield measures 7.18% with $2,269/mo rent. Return on cash invested shows 19.19% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 98.99% and total cumulative return in cash records $124,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,269/mo property income covering a $1,855/mo payment rather than investor’s personal income.
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: Chris Baumann • EXCELLENCE RE REAL ESTATE
Mls Name: CRMLS
Mls ID: #MB25277817