3913 N Virginia Rd UNIT 301Long 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 3913 N Virginia Rd UNIT 301, Long Beach, CA, 90807 generates $3,733/mo in rent and, after a $2,834/mo payment, leaves $151/mo in cash flow. Total monthly income is $3,733/mo, and annual cash flow is $1,813/yr on $190,491 invested. Return on cash invested sits at 21.01% in year one, and rental yield is 7.74% on a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 108.75% and total cumulative return in cash sums $207,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,733/mo property income rather than buyer’s personal income.
Condo
Built in 1986
0.60 Acres 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: Maria Palacios • Berkshire Hathaway H.S.C.P.
Mls Name: CRMLS
Mls ID: #RS25219541