630 W 6th St APT 613Los 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
Investment property for sale in Los Angeles at 630 W 6th St APT 613, Los Angeles, CA, 90017 offers a 5.49% rental yield on a $501,980 purchase with $2,296/mo rent. 49% in year one. Equity gained on principal adds $3,239/yr while 5% annual appreciation supports $138,688 over five years. Portfolio math shows five-year ROI at 43.64% and total cumulative return in cash at $72,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,296/mo property income against a $2,457/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
0.61 Acres lot
$N/A/sqft
$583 monthly 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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