849 South BroadwayLos 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
Investment property for sale in Los Angeles at 849 South Broadway, Los Angeles, CA, 90014 offers a 4.51% rental yield on a $1,595,000 purchase with $5,996/mo rent. 38% in year one. Equity gained on principal adds $10,292/yr while 5% annual appreciation supports $440,669 over five years. Portfolio math shows five-year ROI at 57.01% and total cumulative return in cash at $294,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,996/mo property income against a $7,807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Yuri Huxley • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25588421