3014 Stevely AveLong BeachCA90808
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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 3014 Stevely Ave, Long Beach, CA, 90808 offers a 4.54% rental yield on a $1,288,000 purchase with $4,874/mo rent. 47% in year one. Equity gained on principal adds $8,311/yr while 5% annual appreciation supports $355,851 over five years. Portfolio math shows five-year ROI at 57.51% and total cumulative return in cash at $240,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,874/mo property income against a $6,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90808, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,785 (100%) |
| Owner Occupied HU | 11,244 (76.1%) |
| Renter Occupied HU | 3,135 (21.2%) |
| Vacant Housing Units | 406 ( 2.7%) |
| Median Home Value | $894,828 |
| Average Home Value | $955,564 |
Housing Distribution
Address Breakdown
Residential
14,630
Single Family
13,939
Multi-Family
691
Businesses
811
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Listed by: Rochelle Kramer • Re/Max R. E. Specialists
Mls Name: CRMLS
Mls ID: #PW25122278