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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 838 Pine Ave UNIT 309, Long Beach, CA, 90813 earns from $2,364/mo rent with a $2,105/mo payment. Total monthly income totals $2,364/mo. ROI tracks 17.41% on current figures, and rental yield reads 6.6% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 89.46% and total cumulative return in cash sums $127,527. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,364/mo property income instead of your personal income.
Condo
Built in 1998
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 90813, Long Beach, CA area.
| 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 |
Residential
18,765
Single Family
8,305
Multi-Family
10,460
Businesses
1,622
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: Susan Krug • CENTURY 21 LOIS LAUER REALTY
Mls Name: CRMLS
Mls ID: #IG25180688
