5300 E Atherton St APT 2F, Long Beach, CA, 90815 | 6.49% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5300 E Atherton St APT 2F, Long Beach, CA, 90815 | 6.49% 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

Total monthly income runs $2,698/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 6.49% with $2,698/mo rent. Return on cash invested shows 17.09% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 87.72% and total cumulative return in cash records $145,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,698/mo property income covering a $2,442/mo payment rather than investor’s personal income.

Condo

Built in 1976

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this bright and spacious condo that perfectly blends comfort and convenience -- and it's move-in ready! You'll love the open-concept layout that fills with natural light and creates a relaxing, airy vibe. Step out through the sliding doors onto your private balcony and take in the peaceful views of beautiful Bouton Park.The upgraded kitchen is a dream, with tons of cabinet space, a stylish backsplash, and new appliances that make cooking a breeze. The generous bedroom offers a walk-in closet with plenty of storage, and the bathroom feels like your own personal spa with a walk-in shower and separate soaking tub.Fresh paint, new luxury vinyl plank flooring, updated fixtures, and modern lighting give this home a fresh, contemporary feel. The building offers controlled access for peace of mind, plus two assigned side-by-side parking spots with extra storage.You'll also enjoy the convenience of the community laundry room and your own storage locker. With Bouton Park right outside your door and easy access to CSULB, the VA, Belmont Shore, and tons of shopping and dining, this location truly has it all.Come see it today -- this could be the perfect place for you to call home!

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