540 Kelton Ave APT 502Los AngelesCA90024
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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 540 Kelton Ave APT 502, Los Angeles, CA, 90024 generates $5,944/mo in rent and, after a $4,160/mo payment, leaves $686/mo in cash flow. Total monthly income is $5,944/mo, and annual cash flow is $8,233/yr on $279,648 invested. Return on cash invested sits at 23% in year one, and rental yield is 8.39% on a $849,995 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,838 over five years. Five-year ROI reaches 119.41% and total cumulative return in cash sums $333,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,944/mo property income rather than buyer’s personal income.
Condo
Built in 1964
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90024, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,827 (100%) |
| Owner Occupied HU | 5,918 (29.8%) |
| Renter Occupied HU | 11,006 (55.5%) |
| Vacant Housing Units | 2,903 (14.6%) |
| Median Home Value | $1,788,433 |
| Average Home Value | $1,647,785 |
Housing Distribution
Address Breakdown
Residential
19,386
Single Family
3,874
Multi-Family
15,512
Businesses
1,782
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Listed by: Charles Chang • CMC Realty & Lending
Mls Name: CRMLS
Mls ID: #PW25275157