655 S Hope St UNIT 704Los AngelesCA90017
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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
Total monthly income runs $4,007/mo, and a $3,228/mo payment. Purchase price stands at $659,417, and rental yield measures 7.29% with $4,007/mo rent. Return on cash invested shows 18.19% in year one, and 5% annual appreciation builds toward $182,185 over five years. Five-year ROI reaches 94.14% and total cumulative return in cash records $204,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,007/mo property income covering a $3,228/mo payment rather than investor’s personal income.
Apartment
Built in 1964
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90017, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,229 (100%) |
| Owner Occupied HU | 1,293 ( 6.7%) |
| Renter Occupied HU | 13,916 (72.4%) |
| Vacant Housing Units | 4,020 (20.9%) |
| Median Home Value | $1,096,473 |
| Average Home Value | $1,322,918 |
Housing Distribution
Address Breakdown
Residential
15,923
Single Family
5,324
Multi-Family
10,599
Businesses
1,805
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Listed by: N/A • N/A
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Mls ID: #N/A