849 S Broadway #403Los AngelesCA90014
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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 849 S Broadway #403, Los Angeles, CA, 90014 generates $2,980/mo in rent, after a $3,059/mo payment. Total monthly income is $2,980/mo. Return on cash invested sits at 14.89% in year one, and rental yield is 5.72% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 75.88% and total cumulative return in cash sums $156,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,980/mo property income rather than buyer’s personal income.
Condo
Built in 1930
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90014, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 280 ( 3.6%) |
| Renter Occupied HU | 6,509 (83.4%) |
| Vacant Housing Units | 1,017 (13.0%) |
| Median Home Value | $883,403 |
| Average Home Value | $981,410 |
Housing Distribution
Address Breakdown
Residential
6,498
Single Family
2,250
Multi-Family
4,248
Businesses
4,740
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Listed by: Anh Tran • Keller Williams Larchmont
Mls Name: CLAW
Mls ID: #26645149