865 Comstock Ave APT 9FLos AngelesCA90024
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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 865 Comstock Ave APT 9F, Los Angeles, CA, 90024 priced at $1,350,000 pairs $11,778/mo rent with $1,456/mo cash flow after a $6,608/mo payment. Total monthly income equals $11,778/mo, and annual cash flow comes to $17,474/yr on $437,400 invested. Return on cash invested is 24.36% in year one, and rental yield stands at 10.47% on a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and 5% annual appreciation accumulates to $372,980 by year five. Five-year ROI measures 128.6% and total cumulative return in cash reaches $562,493. For financing, Ziffy Mortgage’s DSCR program evaluates $11,778/mo property income against a $6,608/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1961
1.95 Acres lot
$N/A/sqft
$1,753 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90024, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,827 (100%) |
| Owner Occupied HU | 5,918 (29.8%) |
| Renter Occupied HU | 11,006 (55.5%) |
| Vacant Housing Units | 2,903 (14.6%) |
| Median Home Value | $1,788,433 |
| Average Home Value | $1,647,785 |
Housing Distribution
Address Breakdown
Residential
19,386
Single Family
3,874
Multi-Family
15,512
Businesses
1,782
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Listed by: Atif Ahmad • Compass
Mls Name: CLAW
Mls Provider:
Mls ID: #24-417217
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.