309 E 46th StLong BeachCA90807
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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 309 E 46th St, Long Beach, CA, 90807 listed at $999,000 pairs $5,196/mo rent with a $4,890/mo payment. Total monthly income runs $5,196/mo. Return on cash invested measures 16.47% in year one, and rental yield registers 6.24% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 84.34% and total cumulative return in cash totals $277,214. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,196/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
6,121 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90807, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,872 (100%) |
| Owner Occupied HU | 6,745 (52.4%) |
| Renter Occupied HU | 5,615 (43.6%) |
| Vacant Housing Units | 512 ( 4.0%) |
| Median Home Value | $905,616 |
| Average Home Value | $1,003,483 |
Housing Distribution
Address Breakdown
Residential
12,697
Single Family
8,208
Multi-Family
4,489
Businesses
1,415
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Listed by: Justin Sidell • Dream Life Real Estate
Mls Name: CRMLS
Mls ID: #RS25238836