532 N Rossmore Ave APT 406Los AngelesCA90004
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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 532 N Rossmore Ave APT 406, Los Angeles, CA, 90004 uses $169,435 cash to close to unlock $621/yr annual cash flow and $52/mo monthly cash flow. Total monthly income runs $3,238/mo, and a $2,521/mo payment keeps the spread at $52/mo. Purchase price stands at $515,000, and rental yield measures 7.54% with $3,238/mo rent. Return on cash invested shows 20.43% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 105.58% and total cumulative return in cash records $178,897. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,238/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Condo
Built in 1972
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90004, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,518 (100%) |
| Owner Occupied HU | 3,973 (15.0%) |
| Renter Occupied HU | 20,281 (76.5%) |
| Vacant Housing Units | 2,264 ( 8.5%) |
| Median Home Value | $1,478,311 |
| Average Home Value | $1,529,648 |
Housing Distribution
Address Breakdown
Residential
24,685
Single Family
8,009
Multi-Family
16,676
Businesses
1,475
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Listed by: Brita Kleingartner • TRG Real Estate Co., Inc.
Mls Name: CLAW
Mls ID: #25602727