980 Manzanita StLos AngelesCA90029
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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 980 Manzanita St, Los Angeles, CA, 90029 earns from $5,449/mo rent with a $8,704/mo payment. Total monthly income totals $5,449/mo. ROI tracks 8.21% on current figures, and rental yield reads 3.68% at a $1,778,400 purchase. Equity gained on principal adds $11,476/yr, and 5% annual appreciation supports $491,339 over five years. Five-year ROI reaches 40.19% and total cumulative return in cash sums $231,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,449/mo property income instead of your personal income.
Single Family
Built in 1912
6,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90029, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,447 (100%) |
| Owner Occupied HU | 1,273 ( 8.8%) |
| Renter Occupied HU | 12,309 (85.2%) |
| Vacant Housing Units | 865 ( 6.0%) |
| Median Home Value | $1,196,013 |
| Average Home Value | $1,237,326 |
Housing Distribution
Address Breakdown
Residential
14,739
Single Family
5,361
Multi-Family
9,378
Businesses
1,447
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Listed by: N/A • N/A
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