939 S Broadway #309Los AngelesCA90015
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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 939 S Broadway #309, Los Angeles, CA, 90015 earns from $2,788/mo rent with a $2,614/mo payment. Total monthly income totals $2,788/mo. ROI tracks 16.54% on current figures, and rental yield reads 6.27% at a $534,000 purchase. Equity gained on principal adds $3,446/yr, and 5% annual appreciation supports $147,534 over five years. Five-year ROI reaches 84.75% and total cumulative return in cash sums $148,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,788/mo property income instead of your personal income.
Condo
Built in 1924
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90015, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 1,341 ( 8.0%) |
| Renter Occupied HU | 13,041 (77.6%) |
| Vacant Housing Units | 2,424 (14.4%) |
| Median Home Value | $1,051,122 |
| Average Home Value | $1,210,352 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
7,074
Multi-Family
7,855
Businesses
6,516
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Listed by: Kevin Luckenbach • Initiate Realty Inc.
Mls Name: CLAW
Mls ID: #25604699PS