5350 3rd AveLos AngelesCA90043
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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 5350 3rd Ave, Los Angeles, CA, 90043 generates $3,912/mo in rent, after a $3,514/mo payment. Total monthly income is $3,912/mo. Return on cash invested sits at 17.37% in year one, and rental yield is 6.54% on a $718,000 entry. Equity gained on principal adds $4,633/yr, while 5% annual appreciation builds toward $198,370 over five years. Five-year ROI reaches 89.2% and total cumulative return in cash sums $210,699. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,912/mo property income rather than buyer’s personal income.
Multi Family
Built in 1929
5,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90043, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,748 (100%) |
| Owner Occupied HU | 8,448 (47.6%) |
| Renter Occupied HU | 8,382 (47.2%) |
| Vacant Housing Units | 918 ( 5.2%) |
| Median Home Value | $907,562 |
| Average Home Value | $1,040,240 |
Housing Distribution
Address Breakdown
Residential
17,504
Single Family
13,364
Multi-Family
4,140
Businesses
1,041
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Listed by: Malia Harris • Berkshire Hathaway HomeServices California Properties
Mls Name: CRMLS
Mls ID: #26643165