651 S Record AveLos AngelesCA90023
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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 651 S Record Ave, Los Angeles, CA, 90023 priced at $900,000 pairs $4,835/mo rent with after a $4,405/mo payment. Total monthly income equals $4,835/mo. Return on cash invested is 17.09% in year one, and rental yield stands at 6.45% on a $900,000 basis. Equity gained on principal adds $5,808/yr, and 5% annual appreciation accumulates to $248,653 by year five. Five-year ROI measures 87.7% and total cumulative return in cash reaches $259,668. For financing, Ziffy Mortgage’s DSCR program evaluates $4,835/mo property income against a $4,405/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
7,982 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90023, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 3,080 (25.7%) |
| Renter Occupied HU | 8,503 (70.9%) |
| Vacant Housing Units | 412 ( 3.4%) |
| Median Home Value | $698,567 |
| Average Home Value | $798,893 |
Housing Distribution
Address Breakdown
Residential
11,672
Single Family
8,290
Multi-Family
3,382
Businesses
1,682
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Listed by: Gustavo Flores • Coldewll Banker Leaders
Mls Name: CRMLS
Mls ID: #DW25257590