5847 1/2 Ernest AveLos AngelesCA90034
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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 5847 1/2 Ernest Ave, Los Angeles, CA, 90034 generates $3,852/mo in rent and, after a $2,932/mo payment, leaves $146/mo in cash flow. Total monthly income is $3,852/mo, and annual cash flow is $1,755/yr on $197,071 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 7.72% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 108.4% and total cumulative return in cash sums $213,634. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,852/mo property income rather than buyer’s personal income.
Condo
Built in 1924
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90034, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,116 (100%) |
| Owner Occupied HU | 5,062 (18.0%) |
| Renter Occupied HU | 21,281 (75.7%) |
| Vacant Housing Units | 1,773 ( 6.3%) |
| Median Home Value | $1,450,369 |
| Average Home Value | $1,481,183 |
Housing Distribution
Address Breakdown
Residential
27,743
Single Family
6,907
Multi-Family
20,836
Businesses
1,309
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Listed by: Brita Kleingartner • TRG Real Estate Co., Inc.
Mls Name: CLAW
Mls ID: #25620471