645 W 9th St APT 538Los 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
Investment property for sale in Los Angeles at 645 W 9th St APT 538, Los Angeles, CA, 90015 uses $171,080 cash to close to unlock $1,072/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $3,306/mo, and a $2,545/mo payment keeps the spread at $89/mo. Purchase price stands at $520,000, and rental yield measures 7.63% with $3,306/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 106.99% and total cumulative return in cash records $183,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,306/mo property income covering a $2,545/mo payment rather than investor’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: Inkyung Park • New Star Realty
Mls Name: CLAW
Mls ID: #25585573