2681 Faust AveLong BeachCA90815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2681 Faust Ave, Long Beach, CA, 90815 listed at $1,499,999 pairs $6,611/mo rent with a $7,342/mo payment. Total monthly income runs $6,611/mo. Return on cash invested measures 13.78% in year one, and rental yield registers 5.29% at a $1,499,999 basis. Equity gained on principal adds $9,679/yr, and annual property appreciation at 5% supports $414,422 by year five. Five-year ROI tracks 69.88% and total cumulative return in cash totals $339,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,611/mo property income relative to a $7,342/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
5,796 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,529
Single Family
12,222
Multi-Family
3,307
Businesses
895
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Carter • Fiv Realty Co
Mls Name: CRMLS
Mls ID: #RS25163441