6525 La Mirada Ave APT 114Los AngelesCA90038
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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 6525 La Mirada Ave APT 114, Los Angeles, CA, 90038 generates $4,031/mo in rent, after a $3,622/mo payment. Total monthly income is $4,031/mo. Return on cash invested sits at 17.36% in year one, and rental yield is 6.54% on a $740,000 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation builds toward $204,448 over five years. Five-year ROI reaches 89.17% and total cumulative return in cash sums $217,102. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,031/mo property income rather than buyer’s personal income.
Condo
Built in 1982
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90038, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,623 (100%) |
| Owner Occupied HU | 1,163 ( 7.4%) |
| Renter Occupied HU | 12,983 (83.1%) |
| Vacant Housing Units | 1,477 ( 9.5%) |
| Median Home Value | $1,256,098 |
| Average Home Value | $1,319,922 |
Housing Distribution
Address Breakdown
Residential
14,572
Single Family
5,034
Multi-Family
9,538
Businesses
1,235
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Listed by: Jason Cochran • Desert Sotheby's International Realty
Mls Name: CLAW
Mls ID: #25587525PS