3185 Claremore 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 3185 Claremore Ave, Long Beach, CA, 90808 earns from $5,723/mo rent with a $5,869/mo payment. Total monthly income totals $5,723/mo. ROI tracks 15.13% on current figures, and rental yield reads 5.73% at a $1,199,000 purchase. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 over five years. Five-year ROI reaches 77.14% and total cumulative return in cash sums $299,685. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,723/mo property income instead of your personal income.
Single Family
Built in 1965
5,398 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: Carla Broffman • The CB Group
Mls Name: CRMLS
Mls ID: #NP25187060