801 S Grand Ave APT 1207Los AngelesCA90017
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 801 S Grand Ave APT 1207, Los Angeles, CA, 90017 generates $4,692/mo in rent, after a $4,026/mo payment. Total monthly income is $4,692/mo. Return on cash invested sits at 12.33% in year one, and rental yield is 6.85% on a $822,500 entry. Equity gained on principal adds $5,307/yr, while 5% annual appreciation builds toward $227,242 over five years. Five-year ROI reaches 64.3% and total cumulative return in cash sums $173,992. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,692/mo property income rather than buyer’s personal income.
Condo
Built in 1985
1.35 Acres lot
$N/A/sqft
$907 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90017, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,229 (100%) |
| Owner Occupied HU | 1,293 ( 6.7%) |
| Renter Occupied HU | 13,916 (72.4%) |
| Vacant Housing Units | 4,020 (20.9%) |
| Median Home Value | $1,096,473 |
| Average Home Value | $1,322,918 |
Housing Distribution
Address Breakdown
Residential
15,923
Single Family
5,324
Multi-Family
10,599
Businesses
1,805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A