5001 E Atherton St APT 306Long BeachCA90815
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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 5001 E Atherton St APT 306, Long Beach, CA, 90815 offers a 7.81% rental yield on a $625,000 purchase with $4,068/mo rent. Total monthly income registers $4,068/mo, and a $3,059/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,420/yr on $205,625 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 109.92% and total cumulative return in cash at $226,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,068/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
0.65 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,529
Single Family
12,222
Multi-Family
3,307
Businesses
895
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Listed by: Jeff Anderson • Exp Realty Of California Inc
Mls Name: eXp Realty
Mls ID: #CRPW26004093