655 S Hope St UNIT 902Los 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
Rental property for sale in Los Angeles at 655 S Hope St UNIT 902, Los Angeles, CA, 90017 generates $3,797/mo in rent and, after a $2,080/mo payment, leaves $1,168/mo in cash flow. Total monthly income is $3,797/mo, and annual cash flow is $14,016/yr on $140,888 invested. Return on cash invested sits at 29.86% in year one, and rental yield is 10.72% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 156.21% and total cumulative return in cash sums $220,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,797/mo property income rather than buyer’s personal income.
Condo
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: Hao Ye • First Family Homes
Mls Name: CRMLS
Mls ID: #DW25192079