6407 2nd AveLos AngelesCA90043
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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 6407 2nd Ave, Los Angeles, CA, 90043 offers a 9.14% rental yield on a $765,900 purchase with $5,834/mo rent. Total monthly income registers $5,834/mo, and a $3,749/mo payment leaves $1,096/mo available for distribution. Annual cash flow reaches $13,149/yr on $251,981 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $4,942/yr while 5% annual appreciation supports $211,604 over five years. Portfolio math shows five-year ROI at 131.6% and total cumulative return in cash at $331,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,834/mo property income against a $3,749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
4,804 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90043, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,748 (100%) |
| Owner Occupied HU | 8,448 (47.6%) |
| Renter Occupied HU | 8,382 (47.2%) |
| Vacant Housing Units | 918 ( 5.2%) |
| Median Home Value | $907,562 |
| Average Home Value | $1,040,240 |
Housing Distribution
Address Breakdown
Residential
17,504
Single Family
13,364
Multi-Family
4,140
Businesses
1,041
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Listed by: Roderick McDaniel • HUNTINGTON BROWNE
Mls Name: CLAW
Mls ID: #25624181