825 Mira Mar 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
Rental property for sale in Long Beach at 825 Mira Mar Ave, Long Beach, CA, 90804 priced at $1,710,000 converts $3,188/mo rent into after a $8,370/mo obligation. Total monthly income equals $3,188/mo. Return on cash invested prints 4.36% in year one, and rental yield reads 2.24% against a $1,710,000 entry. Equity gained on principal adds $11,034/yr, while 5% annual appreciation compiles into $472,441 by year five. Five-year ROI reaches 19.37% and total cumulative return in cash sums $107,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,188/mo property income covering a $8,370/mo payment, not borrower’s personal income.
Multi Family
Built in 1961
5,845 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: Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.
Mls Name: CRMLS
Mls ID: #SB25149549