6518 Short WayLos AngelesCA90042
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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 6518 Short Way, Los Angeles, CA, 90042 earns from $6,070/mo rent with a $8,316/mo payment. Total monthly income totals $6,070/mo. ROI tracks 10.69% on current figures, and rental yield reads 4.29% at a $1,699,000 purchase. Equity gained on principal adds $10,963/yr, and 5% annual appreciation supports $469,402 over five years. Five-year ROI reaches 53.3% and total cumulative return in cash sums $293,405. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,070/mo property income instead of your personal income.
Single Family
Built in 1905
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90042, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,870 (100%) |
| Owner Occupied HU | 8,797 (40.2%) |
| Renter Occupied HU | 12,031 (55.0%) |
| Vacant Housing Units | 1,042 ( 4.8%) |
| Median Home Value | $982,876 |
| Average Home Value | $1,056,298 |
Housing Distribution
Address Breakdown
Residential
20,890
Single Family
13,625
Multi-Family
7,265
Businesses
961
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Listed by: Caren Saiet • Craig Estates and Fine Properties
Mls Name: CRMLS
Mls ID: #P1-24422