939 S Broadway APT 505Los 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
Total monthly income runs $2,624/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 6.31% with $2,624/mo rent. Return on cash invested shows 16.55% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 84.85% and total cumulative return in cash records $140,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,624/mo property income covering a $2,442/mo payment rather than investor’s 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: Tomer Fridman • Christie's International Real Estate SoCal
Mls Name: CLAW
Mls ID: #25590273