735 Newport AveLong 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
Total monthly income runs $4,270/mo, and a $4,894/mo payment. Purchase price stands at $999,900, and rental yield measures 5.12% with $4,270/mo rent. Return on cash invested shows 13.07% in year one, and 5% annual appreciation builds toward $276,254 over five years. Five-year ROI reaches 66.14% and total cumulative return in cash records $217,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,270/mo property income covering a $4,894/mo payment rather than investor’s personal income.
Multi Family
Built in 1919
6,254 sqft 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: Holly Kovich • Holly Kovich and Associates
Mls Name: CRMLS
Mls ID: #PW25222766