6640 Leland WayLos AngelesCA90028
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $1,549,000, 6640 Leland Way, Los Angeles, CA, 90028 in Los Angeles generates $9,646/mo in rent (7.47% yield) but nets only $63/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.38) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $427,960. Total projected return: $591,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 4.1% |
| Monthly Cash Flow | $63 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,646 |
| Total Monthly Debt Service | $8,966 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1919
6,385 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90028, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,524 (100%) |
| Owner Occupied HU | 744 ( 3.3%) |
| Renter Occupied HU | 18,588 (82.5%) |
| Vacant Housing Units | 3,192 (14.2%) |
| Median Home Value | $1,025,641 |
| Average Home Value | $1,186,790 |
Housing Distribution
Address Breakdown
Residential
22,958
Single Family
6,772
Multi-Family
16,186
Businesses
2,210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1919
6,385 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90028, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,524 (100%) |
| Owner Occupied HU | 744 ( 3.3%) |
| Renter Occupied HU | 18,588 (82.5%) |
| Vacant Housing Units | 3,192 (14.2%) |
| Median Home Value | $1,025,641 |
| Average Home Value | $1,186,790 |
Housing Distribution
Address Breakdown
Residential
22,958
Single Family
6,772
Multi-Family
16,186
Businesses
2,210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Ward • Forward Real Estate
Mls Name: CLAW
Mls ID: #25628843