427 N Hicks AveLos AngelesCA90063
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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 427 N Hicks Ave, Los Angeles, CA, 90063 priced at $775,000 converts $4,142/mo rent into after a $3,793/mo obligation. Total monthly income equals $4,142/mo. Return on cash invested prints 16.99% in year one, and rental yield reads 6.41% against a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation compiles into $214,118 by year five. Five-year ROI reaches 87.15% and total cumulative return in cash sums $222,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,142/mo property income covering a $3,793/mo payment, not borrower’s personal income.
Single Family
Built in 1907
6,681 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90063, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,260 (100%) |
| Owner Occupied HU | 5,291 (37.1%) |
| Renter Occupied HU | 8,395 (58.9%) |
| Vacant Housing Units | 574 ( 4.0%) |
| Median Home Value | $684,725 |
| Average Home Value | $755,662 |
Housing Distribution
Address Breakdown
Residential
13,249
Single Family
10,368
Multi-Family
2,881
Businesses
826
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Listed by: Bryan Pena • Century 21 Allstars
Mls Name: CRMLS
Mls ID: #DW25186756