2834 Palo Verde Ave, Long Beach, CA, 90815 | 7.28% Rental Yield

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 2834 Palo Verde Ave, Long Beach, CA, 90815 listed at $999,000 pairs $6,058/mo rent with a $4,890/mo payment. Total monthly income runs $6,058/mo. Return on cash invested measures 19.61% in year one, and rental yield registers 7.28% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 101.22% and total cumulative return in cash totals $332,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,058/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1951

5,150 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious 4-bedroom, 2-bath home in the family-friendly El Dorado West neighborhood, right in the heart of Long Beach. Surrounded by long-time residents, the area is known for its excellent schools and warm, welcoming community. This well-maintained home features hardwood floors, an upgraded kitchen with newer appliances, cabinets, and countertops, a roomy primary suite, a dedicated laundry room, and a comfortable living room with a fireplace and sliding glass doors that open to a large, sunny deckperfect for entertaining. Additional highlights include a 2-car detached garage with alley access and a private yard filled with avocado, lemon, orange, and lime trees. Centrally located close to everything: medical facilities, the Long Beach Airport, schools, El Dorado Park and Nature Center, bike paths to the beach, a public golf course, tennis courts, disc golf, a skateboard park, dog park, and outdoor fitness areas.

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