1011 W La Cadena DrRiversideCA92501
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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
Investment property for sale in Riverside at 1011 W La Cadena Dr, Riverside, CA, 92501 offers a 8.55% rental yield on a $230,000 purchase with $1,639/mo rent. Total monthly income registers $1,639/mo, and a $1,126/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,591/yr on $76,245 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 121.06% and total cumulative return in cash at $92,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,639/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92501, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,041 (100%) |
| Owner Occupied HU | 3,362 (41.8%) |
| Renter Occupied HU | 4,204 (52.3%) |
| Vacant Housing Units | 475 ( 5.9%) |
| Median Home Value | $591,080 |
| Average Home Value | $613,928 |
Housing Distribution
Address Breakdown
Residential
7,399
Single Family
6,429
Multi-Family
970
Businesses
1,197
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Listed by: Martha Medrano • ALTA REALTY GROUP CA, INC.
Mls Name: CRMLS
Mls ID: #CV25193163