7249 Franklin Ave UNIT 203Los AngelesCA90046
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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 7249 Franklin Ave UNIT 203, Los Angeles, CA, 90046 earns $719/mo cash flow from $6,132/mo rent with a $4,283/mo payment. Total monthly income totals $6,132/mo, and annual cash flow totals $8,625/yr on $287,875 capital. ROI tracks 23.06% on current figures, and rental yield reads 8.41% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 119.68% and total cumulative return in cash sums $344,543. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,132/mo property income instead of your 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
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Listed by: Gloria Carmona • Compass
Mls Name: CLAW
Mls ID: #25588583