210 Grand Ave UNIT 201Long 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 210 Grand Ave UNIT 201, Long Beach, CA, 90803 listed at $785,000 pairs $4,530/mo rent with a $3,842/mo payment. Total monthly income runs $4,530/mo. Return on cash invested measures 18.55% in year one, and rental yield registers 6.92% at a $785,000 basis. Equity gained on principal adds $5,065/yr, and annual property appreciation at 5% supports $216,881 by year five. Five-year ROI tracks 95.51% and total cumulative return in cash totals $246,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,530/mo property income relative to a $3,842/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1966
0.28 Acres 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: David Ness • J2M, Inc
Mls Name: CRMLS
Mls ID: #OC25167570