402 E Louise StLong BeachCA90805
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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 402 E Louise St, Long Beach, CA, 90805 priced at $1,075,000 pairs $4,346/mo rent with after a $5,262/mo payment. Total monthly income equals $4,346/mo. Return on cash invested is 12.43% in year one, and rental yield stands at 4.85% on a $1,075,000 basis. Equity gained on principal adds $6,937/yr, and 5% annual appreciation accumulates to $297,003 by year five. Five-year ROI measures 62.64% and total cumulative return in cash reaches $218,166. For financing, Ziffy Mortgage’s DSCR program evaluates $4,346/mo property income against a $5,262/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1925
3,836 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90805, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,330 (100%) |
| Owner Occupied HU | 12,041 (42.5%) |
| Renter Occupied HU | 15,384 (54.3%) |
| Vacant Housing Units | 905 ( 3.2%) |
| Median Home Value | $656,362 |
| Average Home Value | $722,526 |
Housing Distribution
Address Breakdown
Residential
27,406
Single Family
19,421
Multi-Family
7,985
Businesses
1,436
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Listed by: Zayda Aguirre-Arriaza • INTERNATIONAL REAL ESTATE SVCS
Mls Name: CRMLS
Mls ID: #CV25263994