1025 Locust AveLong BeachCA90813
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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 Long Beach at 1025 Locust Ave, Long Beach, CA, 90813 earns from $2,203/mo rent with a $9,765/mo payment. Total monthly income totals $2,203/mo. ROI tracks 1.55% on current figures, and rental yield reads 1.33% at a $1,995,000 purchase. Equity gained on principal adds $12,873/yr, and 5% annual appreciation supports $551,182 over five years. Five-year ROI reaches 4.28% and total cumulative return in cash sums $27,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,203/mo property income instead of your personal income.
Multi Family
Built in 1923
7,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90813, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,301 (100%) |
| Owner Occupied HU | 2,253 (12.3%) |
| Renter Occupied HU | 15,089 (82.4%) |
| Vacant Housing Units | 959 ( 5.2%) |
| Median Home Value | $671,613 |
| Average Home Value | $711,246 |
Housing Distribution
Address Breakdown
Residential
18,765
Single Family
8,305
Multi-Family
10,460
Businesses
1,622
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Listed by: Cameron Jacques • Kinnery's Brokerage House
Mls Name: CRMLS
Mls ID: #PW25177968