4408 Clark AveLong BeachCA90808
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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
Total monthly income runs $6,162/mo, and a $6,309/mo payment. Purchase price stands at $1,289,000, and rental yield measures 5.74% with $6,162/mo rent. Return on cash invested shows 15.16% in year one, and 5% annual appreciation builds toward $356,127 over five years. Five-year ROI reaches 77.3% and total cumulative return in cash records $322,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,162/mo property income covering a $6,309/mo payment rather than investor’s personal income.
Single Family
Built in 1943
7,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90808, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,785 (100%) |
| Owner Occupied HU | 11,244 (76.1%) |
| Renter Occupied HU | 3,135 (21.2%) |
| Vacant Housing Units | 406 ( 2.7%) |
| Median Home Value | $894,828 |
| Average Home Value | $955,564 |
Housing Distribution
Address Breakdown
Residential
14,630
Single Family
13,939
Multi-Family
691
Businesses
811
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Listed by: Matthieu Reyes • Vista Sothebys International Realty
Mls Name: CRMLS
Mls ID: #SB26001810