4224 E Massachusetts StLong BeachCA90814
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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 4224 E Massachusetts St, Long Beach, CA, 90814 offers a 5.47% rental yield on a $1,200,000 purchase with $5,468/mo rent. 34% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 72.85% and total cumulative return in cash at $283,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,468/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90814, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 2,910 (31.4%) |
| Renter Occupied HU | 5,845 (63.0%) |
| Vacant Housing Units | 518 ( 5.6%) |
| Median Home Value | $1,170,477 |
| Average Home Value | $1,249,337 |
Housing Distribution
Address Breakdown
Residential
9,606
Single Family
4,560
Multi-Family
5,046
Businesses
287
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Listed by: Jeffery Allensworth • Realty World Allensworth
Mls Name: CRMLS
Mls ID: #DW25195998