3265 Santa Fe Ave APT 60Long BeachCA90810
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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 3265 Santa Fe Ave APT 60, Long Beach, CA, 90810 listed at $399,900 pairs $2,822/mo rent with a $1,957/mo payment to leave $348/mo cash flow. Total monthly income runs $2,822/mo, and annual cash flow reaches $4,182/yr on $132,567 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 8.47% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 119.76% and total cumulative return in cash totals $158,768. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,822/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
3.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90810, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,657 (100%) |
| Owner Occupied HU | 5,681 (53.3%) |
| Renter Occupied HU | 4,644 (43.6%) |
| Vacant Housing Units | 332 ( 3.1%) |
| Median Home Value | $610,758 |
| Average Home Value | $610,312 |
Housing Distribution
Address Breakdown
Residential
10,118
Single Family
8,627
Multi-Family
1,491
Businesses
810
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Listed by: Britt Fulton • Luxre Realty, Inc.
Mls Name: CRMLS
Mls ID: #OC25182881