100 Atlantic Ave APT 905Long BeachCA90802
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
Investment property for sale in Long Beach at 100 Atlantic Ave APT 905, Long Beach, CA, 90802 offers a 8.44% rental yield on a $465,000 purchase with $3,271/mo rent. Total monthly income registers $3,271/mo, and a $2,276/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,732/yr on $154,148 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 119.32% and total cumulative return in cash at $183,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,271/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1958
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90802, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,306 (100%) |
| Owner Occupied HU | 4,625 (17.6%) |
| Renter Occupied HU | 19,014 (72.3%) |
| Vacant Housing Units | 2,667 (10.1%) |
| Median Home Value | $758,455 |
| Average Home Value | $819,112 |
Housing Distribution
Address Breakdown
Residential
24,092
Single Family
4,920
Multi-Family
19,172
Businesses
1,599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonica Petty • Trust Properties USA,Inc
Mls Name: CRMLS
Mls ID: #SR25102083