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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Long Beach at 7890 E Spring St UNIT 19K, Long Beach, CA, 90815 offers a 7.13% rental yield on a $495,500 purchase with $2,944/mo rent. 02% in year one. Equity gained on principal adds $3,197/yr while 5% annual appreciation supports $136,898 over five years. Portfolio math shows five-year ROI at 98.08% and total cumulative return in cash at $161,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,944/mo property income against a $2,425/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
11.97 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 90815, Long Beach, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,315 (100%) |
| Owner Occupied HU | 9,875 (64.5%) |
| Renter Occupied HU | 4,803 (31.4%) |
| Vacant Housing Units | 637 ( 4.2%) |
| Median Home Value | $906,570 |
| Average Home Value | $984,967 |
Residential
15,529
Single Family
12,222
Multi-Family
3,307
Businesses
895
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Roberta Soares • First Team Real Estate
Mls Name: CRMLS
Mls ID: #OC25248663
