5500 Ackerfield Ave UNIT 502Long BeachCA90805
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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 5500 Ackerfield Ave UNIT 502, Long Beach, CA, 90805 uses $145,827 cash to close to unlock $10,113/yr annual cash flow and $843/mo monthly cash flow. Total monthly income runs $3,564/mo, and a $2,153/mo payment keeps the spread at $843/mo. Purchase price stands at $439,900, and rental yield measures 9.72% with $3,564/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 140.03% and total cumulative return in cash records $204,195. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,564/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Condo
Built in 1968
3.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90805, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,330 (100%) |
| Owner Occupied HU | 12,041 (42.5%) |
| Renter Occupied HU | 15,384 (54.3%) |
| Vacant Housing Units | 905 ( 3.2%) |
| Median Home Value | $656,362 |
| Average Home Value | $722,526 |
Housing Distribution
Address Breakdown
Residential
27,406
Single Family
19,421
Multi-Family
7,985
Businesses
1,436
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Listed by: Thirupathi Nomula • NTR Realty
Mls Name: CRMLS
Mls ID: #RS26006651