5001 E Atherton St APT 203, Long Beach, CA, 90815 | 7.21% Rental Yield

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5001 E Atherton St APT 203, Long Beach, CA, 90815 | 7.21% Rental Yield | Ziffy

For Sale

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 5001 E Atherton St APT 203, Long Beach, CA, 90815 earns from $4,475/mo rent with a $3,646/mo payment. Total monthly income totals $4,475/mo. ROI tracks 19.41% on current figures, and rental yield reads 7.21% at a $745,000 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 over five years. Five-year ROI reaches 100.12% and total cumulative return in cash sums $245,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,475/mo property income instead of your personal income.

Condo

Built in 1979

0.65 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this stunning 3-bedroom, 2-bath condo that has been completely renovated from top to bottom with stylish, modern finishes. Offering an open and inviting floor plan, this residence features a spacious living area with excellent flow and two private balconies off the living room ideal for relaxing or entertaining. The oversized primary suite includes a generous walk-in closet and a beautifully updated en-suite bathroom. Two additional bedrooms provide plenty of space for family, guests, or a home office. Additional highlights include space for in-unit stackable washer/dryer, central HVAC, and abundant natural light throughout. This well-maintained community offers amenities including a sparkling pool, spa, and clubhouse. Parking is a breeze with two side-by-side spaces located in a secure underground garage, conveniently situated right outside the elevator. Centrally located near schools, shopping, dining, and public transportation, this home combines modern upgrades with everyday convenience. With nothing left to do but move in, this condo is ready to be your perfect retreat.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90815, Long Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,315 (100%)
Owner Occupied HU	9,875 (64.5%)
Renter Occupied HU	4,803 (31.4%)
Vacant Housing Units	637 ( 4.2%)
Median Home Value	$906,570
Average Home Value	$984,967