6255 E Marina View Dr #148Long BeachCA90803
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6255 E Marina View Dr #148, Long Beach, CA, 90803 in Long Beach hard to pass up. The 14.79% gross yield on a $350,000 purchase results in $4,314/mo in rent and $2,149/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.74). Annual cash flow of $25,786, five-year appreciation of $96,699, and $3,224/yr in equity build-up combine for a projected total cumulative return of $270,967.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 6.0% |
| Monthly Cash Flow | $2,149 | $1,800 |
City averages based on Long Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,314 |
| Total Monthly Debt Service | $2,026 |
| DSCR Ratio | 2.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2002
N/A 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
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
Manufactured
Built in 2002
N/A 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: Jill Ochoa • Beach Cities Properties, Inc.
Mls Name: CRMLS
Mls ID: #PW25219140