873 W Vernon AveLos AngelesCA90037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 873 W Vernon Ave, Los Angeles, CA, 90037 priced at $649,000 converts $3,808/mo rent into after a $3,177/mo obligation. Total monthly income equals $3,808/mo. Return on cash invested prints 18.9% in year one, and rental yield reads 7.04% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 97.37% and total cumulative return in cash sums $207,900. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,808/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Multi Family
Built in 1913
5,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90037, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,643 (100%) |
| Owner Occupied HU | 4,171 (23.6%) |
| Renter Occupied HU | 12,641 (71.6%) |
| Vacant Housing Units | 831 ( 4.7%) |
| Median Home Value | $683,518 |
| Average Home Value | $770,661 |
Housing Distribution
Address Breakdown
Residential
17,966
Single Family
13,069
Multi-Family
4,897
Businesses
1,202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edwin Blanco • Century 21 Realty Masters
Mls Name: CRMLS
Mls ID: #DW26013385