630 W 6th St APT 303Los AngelesCA90017
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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 630 W 6th St APT 303, Los Angeles, CA, 90017 generates $2,596/mo in rent and, after a $1,463/mo payment, leaves $747/mo in cash flow. Total monthly income is $2,596/mo, and annual cash flow is $8,961/yr on $99,119 invested. Return on cash invested sits at 28.95% in year one, and rental yield is 10.42% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 151.32% and total cumulative return in cash sums $149,986. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,596/mo property income rather than buyer’s personal income.
Condo
Built in 1962
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90017, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,229 (100%) |
| Owner Occupied HU | 1,293 ( 6.7%) |
| Renter Occupied HU | 13,916 (72.4%) |
| Vacant Housing Units | 4,020 (20.9%) |
| Median Home Value | $1,096,473 |
| Average Home Value | $1,322,918 |
Housing Distribution
Address Breakdown
Residential
15,923
Single Family
5,324
Multi-Family
10,599
Businesses
1,805
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Listed by: Tracy B Do • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25596767