657 S Mathews StLos 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 657 S Mathews St, Los Angeles, CA, 90023 priced at $789,000 converts $5,075/mo rent into $194/mo cash flow after a $3,862/mo obligation. Total monthly income equals $5,075/mo, and annual cash flow totals $2,326/yr on $259,581 invested. Return on cash invested prints 20.96% in year one, and rental yield reads 7.72% against a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation compiles into $217,986 by year five. Five-year ROI reaches 108.42% and total cumulative return in cash sums $281,434. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,075/mo property income covering a $3,862/mo payment, not borrower’s personal income.
Multi Family
Built in 1924
6,003 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: Ken Haas • Haas Realty & Prop. Management
Mls Name: CRMLS
Mls ID: #AR25182951