300 E 4th St Unit 214Long BeachCA90802
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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 300 E 4th St Unit 214, Long Beach, CA, 90802 listed at $664,990 pairs $4,859/mo rent with a $3,255/mo payment to leave $745/mo cash flow. Total monthly income runs $4,859/mo, and annual cash flow reaches $8,941/yr on $218,782 cash to close. Return on cash invested measures 24.15% in year one, and rental yield registers 8.77% at a $664,990 basis. Equity gained on principal adds $4,291/yr, and annual property appreciation at 5% supports $183,724 by year five. Five-year ROI tracks 125.55% and total cumulative return in cash totals $274,672. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,859/mo property income relative to a $3,255/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90802, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,306 (100%) |
| Owner Occupied HU | 4,625 (17.6%) |
| Renter Occupied HU | 19,014 (72.3%) |
| Vacant Housing Units | 2,667 (10.1%) |
| Median Home Value | $758,455 |
| Average Home Value | $819,112 |
Housing Distribution
Address Breakdown
Residential
24,092
Single Family
4,920
Multi-Family
19,172
Businesses
1,599
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Listed by: Frank Abbadessa • RE/MAX College Park Realty
Mls Name: CRMLS
Mls ID: #PW26010345