729 S Hobart Blvd APT 19Los AngelesCA90005
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 729 S Hobart Blvd APT 19, Los Angeles, CA, 90005 in Los Angeles is listed at $499,000 and delivers $3,570/mo in rent and $483/mo in net monthly cash flow. The 8.59% yield and 1.59 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $137,865 over five years, and $4,596/yr in principal reduction supplements cash return. Total projected cumulative return: $220,307.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.1% |
| Monthly Cash Flow | $483 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,570 |
| Total Monthly Debt Service | $2,888 |
| DSCR Ratio | 1.24x |
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.
Condo
Built in 1979
0.74 Acres lot
$N/A/sqft
No 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
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
Condo
Built in 1979
0.74 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Narozniak • Pardee Properties
Mls Name: CLAW
Mls ID: #25558823