803 Wilcox Ave #12Los AngelesCA90038
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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 803 Wilcox Ave #12, Los Angeles, CA, 90038 listed at $850,000 pairs $3,323/mo rent with a $4,160/mo payment. Total monthly income runs $3,323/mo. Return on cash invested measures 11.76% in year one, and rental yield registers 4.69% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 59.1% and total cumulative return in cash totals $165,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,323/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90038, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,623 (100%) |
| Owner Occupied HU | 1,163 ( 7.4%) |
| Renter Occupied HU | 12,983 (83.1%) |
| Vacant Housing Units | 1,477 ( 9.5%) |
| Median Home Value | $1,256,098 |
| Average Home Value | $1,319,922 |
Housing Distribution
Address Breakdown
Residential
14,572
Single Family
5,034
Multi-Family
9,538
Businesses
1,235
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Listed by: Laura Cutrona • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25574771