600 John K Dr UNIT 102Long BeachCA90803
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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 600 John K Dr UNIT 102, Long Beach, CA, 90803 listed at $999,000 pairs $7,409/mo rent with a $4,890/mo payment to leave $1,229/mo cash flow. Total monthly income runs $7,409/mo, and annual cash flow reaches $14,743/yr on $328,671 cash to close. Return on cash invested measures 24.55% in year one, and rental yield registers 8.9% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 127.67% and total cumulative return in cash totals $419,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,409/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
1,960 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
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Listed by: Chris Italiano • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #PW25179941