720 W 4th St UNIT 110Long BeachCA90802
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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
Rental property for sale in Long Beach at 720 W 4th St UNIT 110, Long Beach, CA, 90802 generates $2,389/mo in rent, after a $1,933/mo payment. Total monthly income is $2,389/mo. Return on cash invested sits at 19.41% in year one, and rental yield is 7.26% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 100.17% and total cumulative return in cash sums $131,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,389/mo property income rather than buyer’s personal income.
Condo
Built in 1984
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90802, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,306 (100%) |
| Owner Occupied HU | 4,625 (17.6%) |
| Renter Occupied HU | 19,014 (72.3%) |
| Vacant Housing Units | 2,667 (10.1%) |
| Median Home Value | $758,455 |
| Average Home Value | $819,112 |
Housing Distribution
Address Breakdown
Residential
24,092
Single Family
4,920
Multi-Family
19,172
Businesses
1,599
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Listed by: Beatrix Whipple • Keller Williams Pacific Estate
Mls Name: CRMLS
Mls ID: #PW25278493