4701 E Anaheim St UNIT 304, Long Beach, CA, 90804 | $580/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4701 E Anaheim St UNIT 304, Long Beach, CA, 90804 | $580/mo Cash Flow | Ziffy

Pending

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Long Beach at 4701 E Anaheim St UNIT 304, Long Beach, CA, 90804 earns $580/mo cash flow from $3,023/mo rent with a $1,933/mo payment. Total monthly income totals $3,023/mo, and annual cash flow totals $6,957/yr on $130,943 capital. ROI tracks 25.22% on current figures, and rental yield reads 9.18% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 131.33% and total cumulative return in cash sums $171,966. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,023/mo property income instead of your personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

**MOTIVATED SELLER** **Seller may consider assisting Buyer with buying down their rate or closing costs** Coastal Living with Comfort and Convenience Welcome to your charming third-floor retreat in the heart of Long Beach! This light-filled 2-bedroom, 1-bathroom condo offers approximately 650 square feet of comfortable living space with fresh interior paint and a cozy gas fireplaceperfect for unwinding after a long day. The open-concept layout flows seamlessly from the living room to the kitchen, which features a new refrigerator, new microwave, and a stoveall includedmaking it ideal for both entertaining and daily living. Washer and dryer hookups are already installed, offering added convenience and flexibility for in-unit laundry. Step outside and take in tranquil golf course views that bring a peaceful, resort-like feel to your everyday life. Located in a secure building with gated parking and convenient elevator access, this home is just minutes from the beach, 2nd Street, Long Beach Playhouse, CSULB, and a variety of local shops and restaurants. Plus, you're just a bike ride away from the PCH/2nd Street shopping center, the marina, and the beach. Whether you're a first-time buyer, downsizer, or student, this condo is the perfect place to call home. Dont miss your chance to own this Long Beach gemschedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90804, Long Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,850 (100%)
Owner Occupied HU	3,067 (19.4%)
Renter Occupied HU	12,011 (75.8%)
Vacant Housing Units	772 ( 4.9%)
Median Home Value	$796,806
Average Home Value	$838,697