1331 Granada AveLong BeachCA90804
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 1331 Granada Ave, Long Beach, CA, 90804 offers a 5.22% rental yield on a $875,000 purchase with $3,809/mo rent. 37% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 67.75% and total cumulative return in cash at $195,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,809/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
4,133 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90804, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,850 (100%) |
| Owner Occupied HU | 3,067 (19.4%) |
| Renter Occupied HU | 12,011 (75.8%) |
| Vacant Housing Units | 772 ( 4.9%) |
| Median Home Value | $796,806 |
| Average Home Value | $838,697 |
Housing Distribution
Address Breakdown
Residential
15,570
Single Family
6,201
Multi-Family
9,369
Businesses
1,143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brigitte Bigham • Think Boutiq Real Estate
Mls Name: CRMLS
Mls ID: #PW25186681