3939 N Virginia Rd UNIT 216Long 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
Investment property for sale in Long Beach at 3939 N Virginia Rd UNIT 216, Long Beach, CA, 90807 earns $692/mo cash flow from $4,150/mo rent with a $2,736/mo payment. Total monthly income totals $4,150/mo, and annual cash flow totals $8,303/yr on $183,911 capital. ROI tracks 24.58% on current figures, and rental yield reads 8.91% at a $559,000 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 over five years. Five-year ROI reaches 127.82% and total cumulative return in cash sums $235,071. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,150/mo property income instead of your personal income.
Condo
Built in 1974
1.50 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: TRAVIS JACKSON • WERE Real Estate
Mls Name: CRMLS
Mls ID: #PW25198985