302 E 19th St APT 7Long BeachCA90806
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 302 E 19th St APT 7, Long Beach, CA, 90806 in Long Beach is narrow, $131/mo net on $3,101/mo rent after the $2,158/mo debt service, but the property operates at break-even-plus, not a loss. At $480,000 with a 7.75% yield, the long-run equity case via 5% appreciation ($132,615 over five years) and $4,421/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.44 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $190,487.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $131 | $1,800 |
City averages based on Long Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,101 |
| Total Monthly Debt Service | $2,778 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90806, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,012 (100%) |
| Owner Occupied HU | 4,448 (34.2%) |
| Renter Occupied HU | 8,131 (62.5%) |
| Vacant Housing Units | 433 ( 3.3%) |
| Median Home Value | $747,565 |
| Average Home Value | $815,893 |
Housing Distribution
Address Breakdown
Residential
13,094
Single Family
8,271
Multi-Family
4,823
Businesses
1,262
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
Condo
Built in 2007
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90806, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,012 (100%) |
| Owner Occupied HU | 4,448 (34.2%) |
| Renter Occupied HU | 8,131 (62.5%) |
| Vacant Housing Units | 433 ( 3.3%) |
| Median Home Value | $747,565 |
| Average Home Value | $815,893 |
Housing Distribution
Address Breakdown
Residential
13,094
Single Family
8,271
Multi-Family
4,823
Businesses
1,262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brett Martin • Think Boutiq Real Estate
Mls Name: CRMLS
Mls ID: #PW25202216