3390 Santa Fe AveLong BeachCA90810
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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 3390 Santa Fe Ave, Long Beach, CA, 90810 listed at $1,490,000 pairs $2,336/mo rent with a $7,293/mo payment. Total monthly income runs $2,336/mo. Return on cash invested measures 3.26% in year one, and rental yield registers 1.88% at a $1,490,000 basis. Equity gained on principal adds $9,615/yr, and annual property appreciation at 5% supports $411,660 by year five. Five-year ROI tracks 13.49% and total cumulative return in cash totals $65,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,336/mo property income relative to a $7,293/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1957
3,921 sqft 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: Kirk Mulhearn • Mark 1 Real Estate Inc
Mls Name: CRMLS
Mls ID: #RS25189190