1211 E Leigh CtLong BeachCA90806
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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 1211 E Leigh Ct, Long Beach, CA, 90806 listed at $599,000 pairs $4,144/mo rent with a $2,932/mo payment to leave $438/mo cash flow. Total monthly income runs $4,144/mo, and annual cash flow reaches $5,259/yr on $197,071 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 8.3% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 117.94% and total cumulative return in cash totals $232,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,144/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
2,327 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90806, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,012 (100%) |
| Owner Occupied HU | 4,448 (34.2%) |
| Renter Occupied HU | 8,131 (62.5%) |
| Vacant Housing Units | 433 ( 3.3%) |
| Median Home Value | $747,565 |
| Average Home Value | $815,893 |
Housing Distribution
Address Breakdown
Residential
13,094
Single Family
8,271
Multi-Family
4,823
Businesses
1,262
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Listed by: Russell Ma • WERE REAL ESTATE
Mls Name: CRMLS
Mls ID: #CV25218571