1770 Ximeno Ave APT 314, Long Beach, CA, 90815 | $227/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1770 Ximeno Ave APT 314, Long Beach, CA, 90815 | $227/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Long Beach at 1770 Ximeno Ave APT 314, Long Beach, CA, 90815 listed at $424,999 pairs $2,856/mo rent with a $2,080/mo payment to leave $227/mo cash flow. Total monthly income runs $2,856/mo, and annual cash flow reaches $2,725/yr on $140,887 cash to close. Return on cash invested measures 21.84% in year one, and rental yield registers 8.06% at a $424,999 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,419 by year five. Five-year ROI tracks 113.23% and total cumulative return in cash totals $159,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,856/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1770 Ximeno Avenue Unit 314 and make it your new home! This generous size 1 bedroom 1 bathroom condo features everything you need. Going down the list you get a nice open kitchen plenty of counter space and cabinets. A very large living room with floor to ceiling windows with lots of natural light, recessed lighting, laminate wood flooring, big dining room area and breakfast nook. This unit offers a large bedroom and large closets with storage organizers so you can maximize your wardrobe. From your bedroom you can step out onto your own private balcony where you can take in the neighborhood views. This building is centrally located, near the traffic circle making it a breeze to access all the wonderful neighborhoods Long Beach has to offer. If being in a walkable area is important, this is property is your match! You are just steps away from Grocery stores (Vons and Ralphs), gyms, dining, shopping, coffee shops and more! Mins to freeway, beaches, downtown, nightlife, parks, museums and in the heart of Long Beach. Welcome home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90815, Long Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,315 (100%)
Owner Occupied HU	9,875 (64.5%)
Renter Occupied HU	4,803 (31.4%)
Vacant Housing Units	637 ( 4.2%)
Median Home Value	$906,570
Average Home Value	$984,967