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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Long Beach at 3425 E 15th St UNIT 15D, Long Beach, CA, 90804 generates $2,832/mo in rent, after a $2,398/mo payment. Total monthly income is $2,832/mo. Return on cash invested sits at 15.26% in year one, and rental yield is 6.94% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 79.1% and total cumulative return in cash sums $128,484. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,832/mo property income rather than buyer’s personal income.
Condo
Built in 1985
0.31 Acres lot
$N/A/sqft
$430 monthly HOA
Neighborhood data shown for ZIP Code: 90804, Long Beach, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,850 (100%) |
| Owner Occupied HU | 3,067 (19.4%) |
| Renter Occupied HU | 12,011 (75.8%) |
| Vacant Housing Units | 772 ( 4.9%) |
| Median Home Value | $796,806 |
| Average Home Value | $838,697 |
Residential
15,570
Single Family
6,201
Multi-Family
9,369
Businesses
1,143
Date | Event | Price |
|---|---|---|
| 2024-11-25 | Price change | $490,000 |
| 2024-08-20 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ashley Thomas • LA Top Broker, Inc.
Mls Name: CLAW
Mls Provider:
Mls ID: #24-429679
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
