6142 1/2 Lexington AveLos AngelesCA90038
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 6142 1/2 Lexington Ave, Los Angeles, CA, 90038 in Los Angeles: $10,440/mo in rent, $547/mo in net income, 7.95% gross yield, 1.47 DSCR, all at $1,575,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $435,143 in appreciation and $14,506/yr in principal paydown projects total cumulative return of $633,037.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.1% |
| Monthly Cash Flow | $547 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $10,440 |
| Total Monthly Debt Service | $9,267 |
| DSCR Ratio | 1.13x |
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.
Single Family
Built in 2018
2,108 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90038, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,623 (100%) |
| Owner Occupied HU | 1,163 ( 7.4%) |
| Renter Occupied HU | 12,983 (83.1%) |
| Vacant Housing Units | 1,477 ( 9.5%) |
| Median Home Value | $1,256,098 |
| Average Home Value | $1,319,922 |
Housing Distribution
Address Breakdown
Residential
14,572
Single Family
5,034
Multi-Family
9,538
Businesses
1,235
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
Single Family
Built in 2018
2,108 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90038, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,623 (100%) |
| Owner Occupied HU | 1,163 ( 7.4%) |
| Renter Occupied HU | 12,983 (83.1%) |
| Vacant Housing Units | 1,477 ( 9.5%) |
| Median Home Value | $1,256,098 |
| Average Home Value | $1,319,922 |
Housing Distribution
Address Breakdown
Residential
14,572
Single Family
5,034
Multi-Family
9,538
Businesses
1,235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices