939 E Appleton St APT 25, Long Beach, CA, 90802 | $266/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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939 E Appleton St APT 25, Long Beach, CA, 90802 | $266/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Long Beach at 939 E Appleton St APT 25, Long Beach, CA, 90802 uses $125,639 cash to close to unlock $3,197/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $2,611/mo, and a $1,855/mo payment keeps the spread at $266/mo. Purchase price stands at $379,000, and rental yield measures 8.27% with $2,611/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 116.5% and total cumulative return in cash records $146,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,611/mo property income covering a $1,855/mo payment rather than investor’s personal income.

Condo

Built in 1962

0.47 Acres lot

$N/A/sqft

No HOA

More details about the property

1 BED + 1 BATH + 695 SQFT! WELCOME TO HOME 25 AT APPLETON ST! Beautiful model-like bright warm upgraded home. Recessed lighting, custom paint and laminate wood floors throughout. Kitchen has a stainless-steel package complete with microwave, oven, refrigerator, dishwasher, backsplash, granite countertops and upgraded wood cabinets and handles. Featuring: A large bedroom with walk-in closet. Large bathroom with upgraded wood cabinets, fixtures and granite countertops. An interior storage closet big enough to fit a bike! Community has a lush outdoor interior courtyard area. Low HOA dues of only $206.51 per month includes water, trash, and landscaping. 1-15 blocks away from everything! Beach, boardwalk, grassy parks, restaurants, bars, night life, Retro Row, East Village, metro train, E-scooters, Uber, Lyft, museums, grocery stores, shopping, outlets, freeways & entertainment, movies, farmers markets, ice cream parlor, Grand Prix, The Pike, Nike, H & M outlets, marina, Shoreline Village, Queen Mary, jet skis, boat rentals, paddle boarding, Pine Ave, Belmont Shores!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90802, Long Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,306 (100%)
Owner Occupied HU	4,625 (17.6%)
Renter Occupied HU	19,014 (72.3%)
Vacant Housing Units	2,667 (10.1%)
Median Home Value	$758,455
Average Home Value	$819,112