3755 Olive AveLong BeachCA90807
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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
Rental property for sale in Long Beach at 3755 Olive Ave, Long Beach, CA, 90807 generates $5,452/mo in rent, after a $7,073/mo payment. Total monthly income is $5,452/mo. Return on cash invested sits at 11.43% in year one, and rental yield is 4.53% on a $1,445,000 entry. Equity gained on principal adds $9,324/yr, while 5% annual appreciation builds toward $399,227 over five years. Five-year ROI reaches 57.28% and total cumulative return in cash sums $268,163. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,452/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
6,767 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90807, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,872 (100%) |
| Owner Occupied HU | 6,745 (52.4%) |
| Renter Occupied HU | 5,615 (43.6%) |
| Vacant Housing Units | 512 ( 4.0%) |
| Median Home Value | $905,616 |
| Average Home Value | $1,003,483 |
Housing Distribution
Address Breakdown
Residential
12,697
Single Family
8,208
Multi-Family
4,489
Businesses
1,415
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Listed by: Steven Nottingham • Keller Williams Pacific Estate
Mls Name: CRMLS
Mls ID: #PW26002986