424 S Westmoreland Ave APT 210Los AngelesCA90020
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
Investment Highlights
Investment property for sale in Los Angeles at 424 S Westmoreland Ave APT 210, Los Angeles, CA, 90020 offers a 7.91% rental yield on a $490,000 purchase with $3,228/mo rent. Total monthly income registers $3,228/mo, and a $2,398/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,365/yr on $162,435 to close, and return on cash invested stands at 21.36% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 110.67% and total cumulative return in cash at $179,760. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,228/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90020, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 1,572 ( 8.3%) |
| Renter Occupied HU | 16,046 (84.4%) |
| Vacant Housing Units | 1,393 ( 7.3%) |
| Median Home Value | $962,466 |
| Average Home Value | $1,227,752 |
Housing Distribution
Address Breakdown
Residential
18,782
Single Family
1,625
Multi-Family
17,157
Businesses
1,441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sukyoung Lee • Redpoint Realty
Mls Name: CLAW
Mls ID: #25575535