909 Gaviota AveLong BeachCA90813
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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 909 Gaviota Ave, Long Beach, CA, 90813 generates $2,866/mo in rent, after a $3,573/mo payment. Total monthly income is $2,866/mo. Return on cash invested sits at 11.82% in year one, and rental yield is 4.71% on a $729,999 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation builds toward $201,685 over five years. Five-year ROI reaches 59.42% and total cumulative return in cash sums $142,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,866/mo property income rather than buyer’s personal income.
Multi Family
Built in 1919
4,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90813, Long Beach, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,765
Single Family
8,305
Multi-Family
10,460
Businesses
1,622
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Listed by: Josephine Tan • Premier Real Estate & Mortgage Services
Mls Name: CRMLS
Mls ID: #SB25261098