525 S Ardmore Ave APT 229Los AngelesCA90020
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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
Investment property for sale in Los Angeles at 525 S Ardmore Ave APT 229, Los Angeles, CA, 90020 uses $95,804 cash to close to unlock $1,004/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $1,872/mo, and a $1,415/mo payment keeps the spread at $84/mo. Purchase price stands at $289,000, and rental yield measures 7.77% with $1,872/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 108.47% and total cumulative return in cash records $103,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,872/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1973
1.69 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
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Listed by: Hee Chung Joo • Hee Joo
Mls Name: CLAW
Mls ID: #25604731