645 W 9th St APT 529Los AngelesCA90015
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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 645 W 9th St APT 529, Los Angeles, CA, 90015 generates $2,617/mo in rent, after a $2,153/mo payment. Total monthly income is $2,617/mo. Return on cash invested sits at 19.05% in year one, and rental yield is 7.14% on a $439,800 entry. Equity gained on principal adds $2,838/yr, while 5% annual appreciation builds toward $121,509 over five years. Five-year ROI reaches 98.24% and total cumulative return in cash sums $143,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,617/mo property income rather than buyer’s personal income.
Condo
Built in 2006
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90015, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 1,341 ( 8.0%) |
| Renter Occupied HU | 13,041 (77.6%) |
| Vacant Housing Units | 2,424 (14.4%) |
| Median Home Value | $1,051,122 |
| Average Home Value | $1,210,352 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
7,074
Multi-Family
7,855
Businesses
6,516
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Listed by: Wayne Yuan • IRN Realty
Mls Name: CRMLS
Mls ID: #AR25123420