6272 E Marina View Dr #317Long 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 6272 E Marina View Dr #317, Long Beach, CA, 90803 offers a 8.33% rental yield on a $299,000 purchase with $2,076/mo rent. Total monthly income registers $2,076/mo, and a $1,463/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,721/yr on $99,119 to close, and return on cash invested stands at 22.65% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 117.57% and total cumulative return in cash at $116,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,076/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1967
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: #PW25264991