3431 Caspian AveLong 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 3431 Caspian Ave, Long Beach, CA, 90810 offers a 7.47% rental yield on a $619,900 purchase with $3,859/mo rent. Total monthly income registers $3,859/mo, and a $3,034/mo payment leaves $24/mo available for distribution. Annual cash flow reaches $291/yr on $203,947 to close, and return on cash invested stands at 20.2% in year one. Equity gained on principal adds $4,000/yr while 5% annual appreciation supports $171,267 over five years. Portfolio math shows five-year ROI at 104.4% and total cumulative return in cash at $212,912. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,859/mo property income against a $3,034/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
2,630 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: Bill Caiazzo • HomeSmart, Evergreen Realty
Mls Name: CRMLS
Mls ID: #OC25139257