647 Wilcox Ave APT 3GLos AngelesCA90004
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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 647 Wilcox Ave APT 3G, Los Angeles, CA, 90004 offers a 8.2% rental yield on a $749,000 purchase with $5,117/mo rent. Total monthly income registers $5,117/mo, and a $3,666/mo payment leaves $484/mo available for distribution. Annual cash flow reaches $5,802/yr on $246,421 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $4,833/yr while 5% annual appreciation supports $206,935 over five years. Portfolio math shows five-year ROI at 116.24% and total cumulative return in cash at $286,444. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,117/mo property income against a $3,666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90004, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,518 (100%) |
| Owner Occupied HU | 3,973 (15.0%) |
| Renter Occupied HU | 20,281 (76.5%) |
| Vacant Housing Units | 2,264 ( 8.5%) |
| Median Home Value | $1,478,311 |
| Average Home Value | $1,529,648 |
Housing Distribution
Address Breakdown
Residential
24,685
Single Family
8,009
Multi-Family
16,676
Businesses
1,475
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Listed by: Diana Knox • The Agency
Mls Name: CLAW
Mls ID: #26636853