11949 Riverside Dr SPACE 146LakesideCA92040
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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 Lakeside at 11949 Riverside Dr SPACE 146, Lakeside, CA, 92040 listed at $178,000 pairs $1,381/mo rent with a $871/mo payment to leave $280/mo cash flow. Total monthly income runs $1,381/mo, and annual cash flow reaches $3,361/yr on $59,007 cash to close. Return on cash invested measures 25.6% in year one, and rental yield registers 9.31% at a $178,000 basis. Equity gained on principal adds $1,149/yr, and annual property appreciation at 5% supports $49,178 by year five. Five-year ROI tracks 133.45% and total cumulative return in cash totals $78,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,381/mo property income relative to a $871/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92040, Lakeside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,189 (100%) |
| Owner Occupied HU | 10,150 (62.7%) |
| Renter Occupied HU | 5,457 (33.7%) |
| Vacant Housing Units | 582 ( 3.6%) |
| Median Home Value | $781,088 |
| Average Home Value | $792,534 |
Housing Distribution
Address Breakdown
Residential
15,720
Single Family
13,953
Multi-Family
1,767
Businesses
793
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Listed by: Rosemary Aljundi • Mobile Home Connection
Mls Name: My State MLS
Mls ID: #11478123