880 W 1st St APT 403Los AngelesCA90012
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 880 W 1st St APT 403, Los Angeles, CA, 90012 in Los Angeles speaks for itself: 12.35% gross on a $618,800 price, generating $6,371/mo in rent and $1,148/mo in net income after the $2,783/mo debt service. DSCR 2.29, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,770 stacks alongside $170,963 in projected five-year appreciation and $5,699/yr in principal reduction. Projected total cumulative return: $314,558.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 4.1% |
| Monthly Cash Flow | $1,148 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,371 |
| Total Monthly Debt Service | $4,977 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
2.85 Acres lot
$N/A/sqft
$1,303 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90012, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,994 (100%) |
| Owner Occupied HU | 1,413 ( 8.3%) |
| Renter Occupied HU | 13,925 (81.9%) |
| Vacant Housing Units | 1,656 ( 9.7%) |
| Median Home Value | $858,384 |
| Average Home Value | $984,713 |
Housing Distribution
Address Breakdown
Residential
15,892
Single Family
5,009
Multi-Family
10,883
Businesses
2,753
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
Condo
Built in 1982
2.85 Acres lot
$N/A/sqft
$1,303 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90012, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,994 (100%) |
| Owner Occupied HU | 1,413 ( 8.3%) |
| Renter Occupied HU | 13,925 (81.9%) |
| Vacant Housing Units | 1,656 ( 9.7%) |
| Median Home Value | $858,384 |
| Average Home Value | $984,713 |
Housing Distribution
Address Breakdown
Residential
15,892
Single Family
5,009
Multi-Family
10,883
Businesses
2,753
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices