702 S Serrano Ave APT 702Los AngelesCA90005
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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 $4,703/mo, and a $5,517/mo payment. Purchase price stands at $1,127,100, and rental yield measures 5.01% with $4,703/mo rent. Return on cash invested shows 9.56% in year one, and 5% annual appreciation builds toward $311,397 over five years. Five-year ROI reaches 48.45% and total cumulative return in cash records $176,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,703/mo property income covering a $5,517/mo payment rather than investor’s personal income.
Condo
Built in 2007
0.33 Acres lot
$N/A/sqft
$585 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90005, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,722 (100%) |
| Owner Occupied HU | 2,038 ( 7.9%) |
| Renter Occupied HU | 20,469 (79.6%) |
| Vacant Housing Units | 3,215 (12.5%) |
| Median Home Value | $1,220,228 |
| Average Home Value | $1,329,075 |
Housing Distribution
Address Breakdown
Residential
19,471
Single Family
4,533
Multi-Family
14,938
Businesses
1,038
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Listed by: N/A • N/A
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