531 W 61st StLos AngelesCA90044
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
Rental property for sale in Los Angeles at 531 W 61st St, Los Angeles, CA, 90044 generates $3,180/mo in rent, after a $2,887/mo payment. Total monthly income is $3,180/mo. Return on cash invested sits at 17.16% in year one, and rental yield is 6.47% on a $589,800 entry. Equity gained on principal adds $3,806/yr, while 5% annual appreciation builds toward $162,951 over five years. Five-year ROI reaches 88.08% and total cumulative return in cash sums $170,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,180/mo property income rather than buyer’s personal income.
Single Family
Built in 1921
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90044, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,694 (100%) |
| Owner Occupied HU | 8,515 (29.7%) |
| Renter Occupied HU | 19,120 (66.6%) |
| Vacant Housing Units | 1,059 ( 3.7%) |
| Median Home Value | $656,553 |
| Average Home Value | $737,080 |
Housing Distribution
Address Breakdown
Residential
27,108
Single Family
19,619
Multi-Family
7,489
Businesses
1,097
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Lee • Capital Management Realty, Inc
Mls Name: CRMLS
Mls ID: #OC25151691