616 N Alvarado StLos AngelesCA90026
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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 616 N Alvarado St, Los Angeles, CA, 90026 priced at $749,000 converts $3,289/mo rent into after a $3,666/mo obligation. Total monthly income equals $3,289/mo. Return on cash invested prints 13.51% in year one, and rental yield reads 5.27% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 68.51% and total cumulative return in cash sums $168,820. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,289/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
5,863 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90026, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,581 (100%) |
| Owner Occupied HU | 5,937 (20.1%) |
| Renter Occupied HU | 21,431 (72.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,242,503 |
| Average Home Value | $1,302,544 |
Housing Distribution
Address Breakdown
Residential
27,883
Single Family
17,253
Multi-Family
10,630
Businesses
1,484
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Listed by: Marc 'Meir' Nemetsky • Power Brokers
Mls Name: CLAW
Mls ID: #25616161