744 S Carondelet StLos AngelesCA90057
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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
Rental property for sale in Los Angeles at 744 S Carondelet St, Los Angeles, CA, 90057 priced at $1,300,000 converts $2,354/mo rent into after a $6,363/mo obligation. Total monthly income equals $2,354/mo. Return on cash invested prints 2.62% in year one, and rental yield reads 2.17% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 10.58% and total cumulative return in cash sums $44,583. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,354/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in 1928
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90057, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,795 (100%) |
| Owner Occupied HU | 580 ( 3.3%) |
| Renter Occupied HU | 15,824 (88.9%) |
| Vacant Housing Units | 1,391 ( 7.8%) |
| Median Home Value | $718,006 |
| Average Home Value | $794,030 |
Housing Distribution
Address Breakdown
Residential
16,869
Single Family
1,829
Multi-Family
15,040
Businesses
1,398
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