367 Loma AveLong BeachCA90814
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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 367 Loma Ave, Long Beach, CA, 90814 at $1,320,000 posts ROI 6.64% with from $3,274/mo rent. Total monthly income equals $3,274/mo. Return on cash invested measures 6.64% and rental yield reads 2.98% at the current $1,320,000. Equity gained on principal adds $8,518/yr, and 5% annual appreciation supports $364,692 by year five. Five-year ROI prints 31.6% and total cumulative return in cash totals $135,151. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,274/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1923
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90814, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 2,910 (31.4%) |
| Renter Occupied HU | 5,845 (63.0%) |
| Vacant Housing Units | 518 ( 5.6%) |
| Median Home Value | $1,170,477 |
| Average Home Value | $1,249,337 |
Housing Distribution
Address Breakdown
Residential
9,606
Single Family
4,560
Multi-Family
5,046
Businesses
287
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Listed by: Larson Harley • Lyon Stahl Investment Real Estate, Inc.
Mls Name: CRMLS
Mls ID: #SB26002266