2027 E Appleton St UNIT 5Long BeachCA90803
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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 2027 E Appleton St UNIT 5, Long Beach, CA, 90803 uses $129,285 cash to close to unlock $3,927/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $2,740/mo, and a $1,909/mo payment keeps the spread at $327/mo. Purchase price stands at $390,000, and rental yield measures 8.43% with $2,740/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 119.15% and total cumulative return in cash records $154,040. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,740/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90803, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,079 (100%) |
| Owner Occupied HU | 7,604 (39.9%) |
| Renter Occupied HU | 10,009 (52.5%) |
| Vacant Housing Units | 1,466 ( 7.7%) |
| Median Home Value | $1,280,276 |
| Average Home Value | $1,353,167 |
Housing Distribution
Address Breakdown
Residential
18,056
Single Family
10,507
Multi-Family
7,549
Businesses
1,045
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Listed by: Shannon Jones • Keller Williams Pacific Estate
Mls Name: CRMLS
Mls ID: #PW25224279