618 E 121st StLos AngelesCA90059
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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 618 E 121st St, Los Angeles, CA, 90059 generates $3,130/mo in rent, after a $2,692/mo payment. Total monthly income is $3,130/mo. Return on cash invested sits at 18.25% in year one, and rental yield is 6.83% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 93.94% and total cumulative return in cash sums $169,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,130/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
5,914 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90059, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,293 (100%) |
| Owner Occupied HU | 4,787 (42.4%) |
| Renter Occupied HU | 6,165 (54.6%) |
| Vacant Housing Units | 341 ( 3.0%) |
| Median Home Value | $606,528 |
| Average Home Value | $681,341 |
Housing Distribution
Address Breakdown
Residential
10,288
Single Family
9,532
Multi-Family
756
Businesses
492
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Listed by: DWAYNE RICHARDSON • PRIME TIME REAL ESTATE & FIN
Mls Name: CRMLS
Mls ID: #IV25154193