540 Pittsfield Ct UNIT 103Long BeachCA90803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 540 Pittsfield Ct UNIT 103, Long Beach, CA, 90803 earns from $4,986/mo rent with a $6,338/mo payment. Total monthly income totals $4,986/mo. ROI tracks 11.72% on current figures, and rental yield reads 4.62% at a $1,295,000 purchase. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 over five years. Five-year ROI reaches 58.83% and total cumulative return in cash sums $246,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,986/mo property income instead of your personal income.
Townhouse
Built in 1990
2,260 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90803, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,079 (100%) |
| Owner Occupied HU | 7,604 (39.9%) |
| Renter Occupied HU | 10,009 (52.5%) |
| Vacant Housing Units | 1,466 ( 7.7%) |
| Median Home Value | $1,280,276 |
| Average Home Value | $1,353,167 |
Housing Distribution
Address Breakdown
Residential
18,056
Single Family
10,507
Multi-Family
7,549
Businesses
1,045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jung Joon Lee • Circa Properties, Inc.
Mls Name: CRMLS
Mls ID: #PW25179714