4323 Burns AveLos AngelesCA90029
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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 4323 Burns Ave, Los Angeles, CA, 90029 offers $8,338/mo rent that, after a $6,118/mo payment, leaves $605/mo cash flow. Total monthly income is $8,338/mo, and annual cash flow is $7,265/yr on $405,000 cash. Return on cash invested measures 22.16% in year one, and rental yield stands at 8% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Five-year ROI records 114.83% and total cumulative return in cash reaches $465,073. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,338/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90029, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,447 (100%) |
| Owner Occupied HU | 1,273 ( 8.8%) |
| Renter Occupied HU | 12,309 (85.2%) |
| Vacant Housing Units | 865 ( 6.0%) |
| Median Home Value | $1,196,013 |
| Average Home Value | $1,237,326 |
Housing Distribution
Address Breakdown
Residential
14,739
Single Family
5,361
Multi-Family
9,378
Businesses
1,447
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Listed by: Michael Druker • Douglas Elliman
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #24-444515