725 Coronado Ave UNIT 202Long BeachCA90804
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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 725 Coronado Ave UNIT 202, Long Beach, CA, 90804 uses $150,833 cash to close to unlock $1,635/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $2,951/mo, and a $2,227/mo payment keeps the spread at $136/mo. Purchase price stands at $455,000, and rental yield measures 7.78% with $2,951/mo rent. Return on cash invested shows 20.99% in year one, and 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 108.66% and total cumulative return in cash records $163,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,951/mo property income covering a $2,227/mo payment rather than investor’s personal income.
Condo
Built in 1971
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90804, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,850 (100%) |
| Owner Occupied HU | 3,067 (19.4%) |
| Renter Occupied HU | 12,011 (75.8%) |
| Vacant Housing Units | 772 ( 4.9%) |
| Median Home Value | $796,806 |
| Average Home Value | $838,697 |
Housing Distribution
Address Breakdown
Residential
15,570
Single Family
6,201
Multi-Family
9,369
Businesses
1,143
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Listed by: Kent Tarman • J H Tarman Co.
Mls Name: CLAW
Mls ID: #25601493