6140 Monterey Rd APT 312Los AngelesCA90042
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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 6140 Monterey Rd APT 312, Los Angeles, CA, 90042 generates $4,093/mo in rent and, after a $3,079/mo payment, leaves $202/mo in cash flow. Total monthly income is $4,093/mo, and annual cash flow is $2,418/yr on $206,941 invested. Return on cash invested sits at 21.23% in year one, and rental yield is 7.81% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 109.89% and total cumulative return in cash sums $227,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,093/mo property income rather than buyer’s personal income.
Condo
Built in 1989
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90042, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,870 (100%) |
| Owner Occupied HU | 8,797 (40.2%) |
| Renter Occupied HU | 12,031 (55.0%) |
| Vacant Housing Units | 1,042 ( 4.8%) |
| Median Home Value | $982,876 |
| Average Home Value | $1,056,298 |
Housing Distribution
Address Breakdown
Residential
20,890
Single Family
13,625
Multi-Family
7,265
Businesses
961
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Listed by: Gina Isaac • Nourmand & Associates-HW
Mls Name: CLAW
Mls ID: #25625879