904 S New Hampshire Ave #706Los AngelesCA90006
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 904 S New Hampshire Ave #706, Los Angeles, CA, 90006 generates $3,944/mo in rent, after a $3,797/mo payment. Total monthly income is $3,944/mo. Return on cash invested sits at 16.04% in year one, and rental yield is 6.1% on a $775,700 entry. Equity gained on principal adds $5,005/yr, while 5% annual appreciation builds toward $214,312 over five years. Five-year ROI reaches 82.07% and total cumulative return in cash sums $209,458. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,944/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90006, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,993 (100%) |
| Owner Occupied HU | 1,827 ( 8.3%) |
| Renter Occupied HU | 18,730 (85.2%) |
| Vacant Housing Units | 1,436 ( 6.5%) |
| Median Home Value | $896,358 |
| Average Home Value | $1,011,809 |
Housing Distribution
Address Breakdown
Residential
21,527
Single Family
8,018
Multi-Family
13,509
Businesses
2,018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon J. Park • RISE real estate company
Mls Name: CRMLS
Mls ID: #26643033