4146 Elm Ave UNIT 5Long BeachCA90807
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4146 Elm Ave UNIT 5, Long Beach, CA, 90807 uses $164,093 cash to close to unlock $991/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $3,145/mo, and a $2,423/mo payment keeps the spread at $83/mo. Purchase price stands at $495,000, and rental yield measures 7.62% with $3,145/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 106.08% and total cumulative return in cash records $174,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,145/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Condo
Built in 1977
0.49 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek Reilly • Redfin
Mls Name: CLAW
Mls ID: #25575049