1100 Walnut Ave APT 4Long 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 1100 Walnut Ave APT 4, Long Beach, CA, 90813 earns $177/mo cash flow from $2,960/mo rent with a $2,202/mo payment. Total monthly income totals $2,960/mo, and annual cash flow totals $2,123/yr on $149,142 capital. ROI tracks 21.33% on current figures, and rental yield reads 7.9% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 110.47% and total cumulative return in cash sums $164,758. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,960/mo property income instead of your personal income.
Condo
Built in 1984
10,511 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: Noelle Longmeyer • Y Realty
Mls Name: CRMLS
Mls ID: #PW26008924