3091 Marna 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
Rental property for sale in Long Beach at 3091 Marna Ave, Long Beach, CA, 90808 generates $5,651/mo in rent, after a $6,240/mo payment. Total monthly income is $5,651/mo. Return on cash invested sits at 13.87% in year one, and rental yield is 5.32% on a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 70.39% and total cumulative return in cash sums $290,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,651/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
5,801 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: EUGENE HWANG • THE ROCK REALTY
Mls Name: CRMLS
Mls ID: #IV25197685