535 Panama AveLong BeachCA90814
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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 535 Panama Ave, Long Beach, CA, 90814 with 5% annual appreciation on a $1,625,000 basis while $6,110/mo rent supports operations. 38% in year one. Equity gained on principal adds $10,486/yr, and five-year appreciation sums $448,958 alongside rental yield of 4.51%. Five-year ROI measures 57.02% and total cumulative return in cash totals $300,232. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,110/mo property income versus a $7,954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
7,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90814, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,273 (100%) |
| Owner Occupied HU | 2,910 (31.4%) |
| Renter Occupied HU | 5,845 (63.0%) |
| Vacant Housing Units | 518 ( 5.6%) |
| Median Home Value | $1,170,477 |
| Average Home Value | $1,249,337 |
Housing Distribution
Address Breakdown
Residential
9,606
Single Family
4,560
Multi-Family
5,046
Businesses
287
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Listed by: Christy Di Leo • Compass
Mls Name: CRMLS
Mls ID: #PW25198612