6771 Springpark Ave APT 106ALos AngelesCA90056
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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
Investment property for sale in Los Angeles at 6771 Springpark Ave APT 106A, Los Angeles, CA, 90056 listed at $590,000 pairs $3,396/mo rent with a $2,888/mo payment. Total monthly income runs $3,396/mo. Return on cash invested measures 18.49% in year one, and rental yield registers 6.91% at a $590,000 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $163,006 by year five. Five-year ROI tracks 95.19% and total cumulative return in cash totals $184,768. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,396/mo property income relative to a $2,888/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1969
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90056, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,548 (100%) |
| Owner Occupied HU | 2,329 (65.6%) |
| Renter Occupied HU | 1,051 (29.6%) |
| Vacant Housing Units | 168 ( 4.7%) |
| Median Home Value | $1,431,507 |
| Average Home Value | $1,440,423 |
Housing Distribution
Address Breakdown
Residential
3,569
Single Family
2,844
Multi-Family
725
Businesses
206
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Listed by: Jason Forman • Compass
Mls Name: CLAW
Mls ID: #25597819