12 Via De La ValleLake ElsinoreCA92532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lake Elsinore at 12 Via De La Valle, Lake Elsinore, CA, 92532 offers $4,247/mo rent that, after a $3,426/mo payment. Total monthly income is $4,247/mo. Return on cash invested measures 19.63% in year one, and rental yield stands at 7.28% at a $699,990 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,394 by year five. Five-year ROI records 101.29% and total cumulative return in cash reaches $233,269. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,247/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92532, Lake Elsinore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,273 (100%) |
| Owner Occupied HU | 6,172 (74.6%) |
| Renter Occupied HU | 1,840 (22.2%) |
| Vacant Housing Units | 261 ( 3.2%) |
| Median Home Value | $612,722 |
| Average Home Value | $629,523 |
Housing Distribution
Address Breakdown
Residential
7,922
Single Family
7,573
Multi-Family
349
Businesses
217
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Listed by: ADRIAN JIMENEZ • MILESTONE REALTY GROUP
Mls Name: CRMLS
Mls ID: #IV25276714