140 Linden Ave APT 324Long BeachCA90802
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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
Total monthly income runs $2,404/mo, and a $2,325/mo payment. Purchase price stands at $475,000, and rental yield measures 6.07% with $2,404/mo rent. Return on cash invested shows 15.84% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 81% and total cumulative return in cash records $127,543. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,404/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Condo
Built in 1928
0.77 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
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Listed by: Angela Knox • Circle Real Estate
Mls Name: CRMLS
Mls ID: #PW26002562