1626 E 6th StLong BeachCA90802
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
Total monthly income runs $5,435/mo, and a $5,869/mo payment. Purchase price stands at $1,199,000, and rental yield measures 5.44% with $5,435/mo rent. Return on cash invested shows 14.25% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 72.37% and total cumulative return in cash records $281,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,435/mo property income covering a $5,869/mo payment rather than investor’s personal income.
Single Family
Built in 1926
6,724 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Batzel • Elevate Real Estate Agency
Mls Name: CRMLS
Mls ID: #IG25258914