600 S Ridgeley Dr #PENTHOUSE 11Los AngelesCA90036
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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
Total monthly income runs $4,447/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 4.64% with $4,447/mo rent. Return on cash invested shows 11.78% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 59.15% and total cumulative return in cash records $220,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,447/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Condo
Built in 2009
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90036, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,743 (100%) |
| Owner Occupied HU | 2,818 (13.0%) |
| Renter Occupied HU | 17,353 (79.8%) |
| Vacant Housing Units | 1,572 ( 7.2%) |
| Median Home Value | $1,872,886 |
| Average Home Value | $1,753,510 |
Housing Distribution
Address Breakdown
Residential
21,283
Single Family
7,846
Multi-Family
13,437
Businesses
1,858
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Listed by: Olivia Jane Noh • Compass
Mls Name: CLAW
Mls ID: #25568873