6245 Condon AveLos AngelesCA90056
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow6245 Condon Ave, Los Angeles, CA, 90056 in Los Angeles earns its strong cash-flow label: 11.45% yield, $12,206/mo rent, $4,294/mo net income, DSCR 2.12. The $1,279,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $353,364 by year five. Combined with $11,780/yr in principal paydown, total projected return reaches $761,258.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 4.1% |
| Monthly Cash Flow | $4,294 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,206 |
| Total Monthly Debt Service | $7,403 |
| DSCR Ratio | 1.65x |
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 1949
7,287 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90056, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,548 (100%) |
| Owner Occupied HU | 2,329 (65.6%) |
| Renter Occupied HU | 1,051 (29.6%) |
| Vacant Housing Units | 168 ( 4.7%) |
| Median Home Value | $1,431,507 |
| Average Home Value | $1,440,423 |
Housing Distribution
Address Breakdown
Residential
3,569
Single Family
2,844
Multi-Family
725
Businesses
206
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 1949
7,287 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90056, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,548 (100%) |
| Owner Occupied HU | 2,329 (65.6%) |
| Renter Occupied HU | 1,051 (29.6%) |
| Vacant Housing Units | 168 ( 4.7%) |
| Median Home Value | $1,431,507 |
| Average Home Value | $1,440,423 |
Housing Distribution
Address Breakdown
Residential
3,569
Single Family
2,844
Multi-Family
725
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices