2027 E Appleton St UNIT 5, Long Beach, CA, 90803 | $327/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2027 E Appleton St UNIT 5, Long Beach, CA, 90803 | $327/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 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

More details about the property

Live just three blocks from the beach in this charming 1-bedroom, 1-bathroom downstairs condo in a secure, gated building in Alamitos Beach. A peaceful courtyard with greenery, colorful flowers, and a fountain welcomes you home. Inside, original hardwood floors, plantation shutters, and an arched cutout window between the living room and kitchen add character and function. The kitchen features granite countertops, white cabinetry with brushed nickel hardware, and a tile backsplash with accent detailing. Saltillo tile floors complement the space, while stainless steel appliances and a gooseneck sprayer faucet provide modern convenience. The bedroom includes a walk-in closet with built-in organizers, and the bathroom retains its vintage charm with classic tile. A combo washer/dryer in the unit adds everyday ease, with additional community laundry available. Street parking is available on the one-way street, and a rentable parking lot is just a short walk away. With its character, updated features, and prime location just off the Broadway corridor and only three blocks from the beach, this condo offers a great opportunity for coastal living.

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