3271 Marna AveLong BeachCA90808
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
Investment Highlights
Investment property for sale in Long Beach at 3271 Marna Ave, Long Beach, CA, 90808 listed at $1,275,000 pairs $5,052/mo rent with a $6,240/mo payment. Total monthly income runs $5,052/mo. Return on cash invested measures 12.13% in year one, and rental yield registers 4.75% at a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and annual property appreciation at 5% supports $352,259 by year five. Five-year ROI tracks 61.06% and total cumulative return in cash totals $252,230. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,052/mo property income relative to a $6,240/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
5,412 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Ireland • Ignite RE Group
Mls Name: CRMLS
Mls ID: #PW25280764