800 E South StLong BeachCA90805
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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 800 E South St, Long Beach, CA, 90805 priced at $989,000 converts $3,674/mo rent into after a $4,841/mo obligation. Total monthly income equals $3,674/mo. Return on cash invested prints 11.05% in year one, and rental yield reads 4.46% against a $989,000 entry. Equity gained on principal adds $6,382/yr, while 5% annual appreciation compiles into $273,242 by year five. Five-year ROI reaches 55.27% and total cumulative return in cash sums $179,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,674/mo property income covering a $4,841/mo payment, not borrower’s personal income.
Multi Family
Built in 1946
5,902 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90805, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,330 (100%) |
| Owner Occupied HU | 12,041 (42.5%) |
| Renter Occupied HU | 15,384 (54.3%) |
| Vacant Housing Units | 905 ( 3.2%) |
| Median Home Value | $656,362 |
| Average Home Value | $722,526 |
Housing Distribution
Address Breakdown
Residential
27,406
Single Family
19,421
Multi-Family
7,985
Businesses
1,436
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Listed by: Michele Francine • Shore Capital Corporation
Mls Name: CLAW
Mls ID: #25596079