855 Wilcox Ave UNIT 401Los 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 855 Wilcox Ave UNIT 401, Los Angeles, CA, 90038 offers a 7.54% rental yield on a $798,000 purchase with $5,014/mo rent. Total monthly income registers $5,014/mo, and a $3,906/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $927/yr on $262,542 to close, and return on cash invested stands at 20.41% in year one. Equity gained on principal adds $5,149/yr while 5% annual appreciation supports $220,473 over five years. Portfolio math shows five-year ROI at 105.52% and total cumulative return in cash at $277,024. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,014/mo property income against a $3,906/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
0.29 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: Steven Garcia • PureMotive Realty Inc.
Mls Name: CRMLS
Mls ID: #AR25123222