2911 Baltic AveLong BeachCA90810
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
Rental property for sale in Long Beach at 2911 Baltic Ave, Long Beach, CA, 90810 generates $4,099/mo in rent, after a $4,043/mo payment. Total monthly income is $4,099/mo. Return on cash invested sits at 15.6% in year one, and rental yield is 5.95% on a $826,000 entry. Equity gained on principal adds $5,330/yr, while 5% annual appreciation builds toward $228,209 over five years. Five-year ROI reaches 79.69% and total cumulative return in cash sums $216,563. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,099/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
5,794 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90810, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,657 (100%) |
| Owner Occupied HU | 5,681 (53.3%) |
| Renter Occupied HU | 4,644 (43.6%) |
| Vacant Housing Units | 332 ( 3.1%) |
| Median Home Value | $610,758 |
| Average Home Value | $610,312 |
Housing Distribution
Address Breakdown
Residential
10,118
Single Family
8,627
Multi-Family
1,491
Businesses
810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Bravo • Eversell Realty
Mls Name: CRMLS
Mls ID: #RS25276818