735 Cedar Ave APT 25Long BeachCA90813
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 735 Cedar Ave APT 25, Long Beach, CA, 90813 listed at $306,687 pairs $2,219/mo rent with a $1,501/mo payment to leave $178/mo cash flow. Total monthly income runs $2,219/mo, and annual cash flow reaches $2,136/yr on $101,667 cash to close. Return on cash invested measures 22.01% in year one, and rental yield registers 8.68% at a $306,687 basis. Equity gained on principal adds $1,979/yr, and annual property appreciation at 5% supports $84,732 by year five. Five-year ROI tracks 114.7% and total cumulative return in cash totals $116,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,219/mo property income relative to a $1,501/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90813, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,301 (100%) |
| Owner Occupied HU | 2,253 (12.3%) |
| Renter Occupied HU | 15,089 (82.4%) |
| Vacant Housing Units | 959 ( 5.2%) |
| Median Home Value | $671,613 |
| Average Home Value | $711,246 |
Housing Distribution
Address Breakdown
Residential
18,765
Single Family
8,305
Multi-Family
10,460
Businesses
1,622
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A