1216 Lilac Ridge LnPerrisCA92571
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
Investment property for sale in Perris at 1216 Lilac Ridge Ln, Perris, CA, 92571 earns $435/mo cash flow from $3,528/mo rent with a $2,447/mo payment. Total monthly income totals $3,528/mo, and annual cash flow totals $5,222/yr on $165,750 capital. ROI tracks 23.06% on current figures, and rental yield reads 8.47% at a $499,999 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 119.74% and total cumulative return in cash sums $198,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,528/mo property income instead of your personal income.
Single Family
Built in 1996
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92571, Perris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,967 (100%) |
| Owner Occupied HU | 10,213 (68.2%) |
| Renter Occupied HU | 4,445 (29.7%) |
| Vacant Housing Units | 309 ( 2.1%) |
| Median Home Value | $522,193 |
| Average Home Value | $539,599 |
Housing Distribution
Address Breakdown
Residential
14,179
Single Family
13,530
Multi-Family
649
Businesses
533
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Listed by: Vicky Covarrubias • Keller Williams SELA
Mls Name: CRMLS
Mls ID: #DW25257710