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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Long Beach at 489 W Hill St, Long Beach, CA, 90806 at $759,999 posts ROI 13.33% with from $3,299/mo rent. Total monthly income equals $3,299/mo. Return on cash invested measures 13.33% and rental yield reads 5.21% at the current $759,999. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,974 by year five. Five-year ROI prints 67.53% and total cumulative return in cash totals $168,841. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,299/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
3,701 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 90806, Long Beach, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,012 (100%) |
| Owner Occupied HU | 4,448 (34.2%) |
| Renter Occupied HU | 8,131 (62.5%) |
| Vacant Housing Units | 433 ( 3.3%) |
| Median Home Value | $747,565 |
| Average Home Value | $815,893 |
Residential
13,094
Single Family
8,271
Multi-Family
4,823
Businesses
1,262
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ioana Gocan • Millennium Realty Group
Mls Name: CRMLS
Mls ID: #PW25151503
