2912 Claremore Ln, Long Beach, CA, 90815 | 7.31% Rental Yield

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2912 Claremore Ln, Long Beach, CA, 90815 | 7.31% Rental Yield | Ziffy

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 2912 Claremore Ln, Long Beach, CA, 90815 listed at $829,000 pairs $5,047/mo rent with a $4,058/mo payment. Total monthly income runs $5,047/mo. Return on cash invested measures 19.7% in year one, and rental yield registers 7.31% at a $829,000 basis. Equity gained on principal adds $5,349/yr, and annual property appreciation at 5% supports $229,037 by year five. Five-year ROI tracks 101.7% and total cumulative return in cash totals $277,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,047/mo property income relative to a $4,058/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Located behind the beautiful rod iron gates to the "THE BUNGALOWS" and highly desirable Los Alamitos School District is this thoughtfully well-maintained turn key home! Upon entry of this beautiful residence, you will instantly notice the seamless flow of the beautiful hardwood floors leading you into the stunning kitchen and living room with high ceilings and an abundance of natural light. The open concept layout of the dining area and living room area meets the functionality with an attached 2 car garage, large laundry room and ample storage throughtout. The inviting ambiance with a decorative fireplace. All bedrooms and full bathrooms are situated upstairs for ultimate peace and tranquility. The primary en-suite has a walk-in closet and bathroom. This gem of a home is conveniently located in walking steps to Los Alamitos High School, El Dorado Park Estates, El Dorado Nature Center, Shenandoah At the Arbor 405, 605, 91 and 22 freeways are just around the corner. What more could you ask for!!! Come join us for open house on 10/4 & 10/5 from 1-3pm.

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