6242 Riviera CirLong BeachCA90815
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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 6242 Riviera Cir, Long Beach, CA, 90815 earns $526/mo cash flow from $5,778/mo rent with a $4,155/mo payment. Total monthly income totals $5,778/mo, and annual cash flow totals $6,316/yr on $279,321 capital. ROI tracks 22.32% on current figures, and rental yield reads 8.17% at a $849,000 purchase. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 over five years. Five-year ROI reaches 115.74% and total cumulative return in cash sums $323,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,778/mo property income instead of your personal income.
Condo
Built in 1981
0.57 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,529
Single Family
12,222
Multi-Family
3,307
Businesses
895
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Listed by: Tifany Huynh • Win Win Realty
Mls Name: CRMLS
Mls ID: #PW25156133