949 N Kings Rd APT 215West HollywoodCA90069
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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 West Hollywood at 949 N Kings Rd APT 215, West Hollywood, CA, 90069 listed at $950,000 pairs $5,118/mo rent with a $4,650/mo payment. Total monthly income runs $5,118/mo. Return on cash invested measures 17.15% in year one, and rental yield registers 6.46% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 87.98% and total cumulative return in cash totals $274,982. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,118/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90069, West Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,878 (100%) |
| Owner Occupied HU | 4,844 (32.6%) |
| Renter Occupied HU | 8,463 (56.9%) |
| Vacant Housing Units | 1,571 (10.6%) |
| Median Home Value | $1,437,906 |
| Average Home Value | $1,515,900 |
Housing Distribution
Address Breakdown
Residential
14,833
Single Family
3,592
Multi-Family
11,241
Businesses
1,870
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Listed by: Magda Mavian • Evernest Realty Group
Mls Name: CRMLS
Mls ID: #GD26020263