2538-104 E 2nd StLong 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 2538-104 E 2nd St, Long Beach, CA, 90803 earns from $3,342/mo rent with a $3,646/mo payment. Total monthly income totals $3,342/mo. ROI tracks 13.86% on current figures, and rental yield reads 5.38% at a $745,000 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 over five years. Five-year ROI reaches 70.37% and total cumulative return in cash sums $172,472. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,342/mo property income instead of your personal income.
Condo
Built in 1976
0.57 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: Anna Nixt • Estate Properties
Mls Name: CRMLS
Mls ID: #SB25279227