530 S Hewitt St UNIT 154Los AngelesCA90013
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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 530 S Hewitt St UNIT 154, Los Angeles, CA, 90013 uses $218,785 cash to close to unlock $7,416/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $4,732/mo, and a $3,255/mo payment keeps the spread at $618/mo. Purchase price stands at $665,000, and rental yield measures 8.54% with $4,732/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 121.81% and total cumulative return in cash records $266,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,732/mo property income covering a $3,255/mo payment rather than investor’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90013, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,806 (100%) |
| Owner Occupied HU | 1,033 (10.5%) |
| Renter Occupied HU | 7,125 (72.7%) |
| Vacant Housing Units | 1,648 (16.8%) |
| Median Home Value | $999,576 |
| Average Home Value | $1,071,063 |
Housing Distribution
Address Breakdown
Residential
8,563
Single Family
2,274
Multi-Family
6,289
Businesses
2,916
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Listed by: Rachel Adkins • Redfin Corporation
Mls Name: CRMLS
Mls ID: #SB25238331