7249 Franklin Ave UNIT 101Los AngelesCA90046
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
Investment Highlights
Rental property for sale in Los Angeles at 7249 Franklin Ave UNIT 101, Los Angeles, CA, 90046 generates $6,085/mo in rent and, after a $4,106/mo payment, leaves $895/mo in cash flow. Total monthly income is $6,085/mo, and annual cash flow is $10,743/yr on $276,031 invested. Return on cash invested sits at 23.95% in year one, and rental yield is 8.7% on a $839,000 entry. Equity gained on principal adds $5,414/yr, while 5% annual appreciation builds toward $231,800 over five years. Five-year ROI reaches 124.49% and total cumulative return in cash sums $343,644. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,085/mo property income rather than buyer’s personal income.
Condo
Built in 2007
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90046, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,369 (100%) |
| Owner Occupied HU | 6,823 (21.1%) |
| Renter Occupied HU | 22,845 (70.6%) |
| Vacant Housing Units | 2,701 ( 8.3%) |
| Median Home Value | $1,601,959 |
| Average Home Value | $1,573,408 |
Housing Distribution
Address Breakdown
Residential
30,965
Single Family
9,943
Multi-Family
21,022
Businesses
1,699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Markus Canter • Berkshire Hathaway HomeServices California Properties
Mls Name: CLAW
Mls ID: #26634745