6221 Monterey RdLos 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
Investment property for sale in Los Angeles at 6221 Monterey Rd, Los Angeles, CA, 90042 offers a 5.1% rental yield on a $739,000 purchase with $3,142/mo rent. Equity gained on principal adds $4,769/yr while 5% annual appreciation supports $204,172 over five years. Portfolio math shows five-year ROI at 65.79% and total cumulative return in cash at $159,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,142/mo property income against a $3,617/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
0.69 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: Lorena Diana • RE/MAX of Santa Clarita
Mls Name: CRMLS
Mls ID: #SR26001564