600 W 9th St APT 810Los AngelesCA90015
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 600 W 9th St APT 810, Los Angeles, CA, 90015 in Los Angeles is listed at $399,000 and delivers $2,806/mo in rent and $337/mo in net monthly cash flow. The 8.44% yield and 1.56 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $110,236 over five years, and $3,675/yr in principal reduction supplements cash return. Total projected cumulative return: $173,045.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.1% |
| Monthly Cash Flow | $337 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,806 |
| Total Monthly Debt Service | $2,310 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90015, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 1,341 ( 8.0%) |
| Renter Occupied HU | 13,041 (77.6%) |
| Vacant Housing Units | 2,424 (14.4%) |
| Median Home Value | $1,051,122 |
| Average Home Value | $1,210,352 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
7,074
Multi-Family
7,855
Businesses
6,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1983
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90015, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 1,341 ( 8.0%) |
| Renter Occupied HU | 13,041 (77.6%) |
| Vacant Housing Units | 2,424 (14.4%) |
| Median Home Value | $1,051,122 |
| Average Home Value | $1,210,352 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
7,074
Multi-Family
7,855
Businesses
6,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Jefferson • Compass
Mls Name: CLAW
Mls ID: #25609395