1251 Shakespeare DrRiversideCA92506
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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 1251 Shakespeare Dr, Riverside, CA, 92506 offers a 6.85% rental yield on a $679,800 purchase with $3,882/mo rent. 33% in year one. Equity gained on principal adds $4,387/yr while 5% annual appreciation supports $187,816 over five years. Portfolio math shows five-year ROI at 94.31% and total cumulative return in cash at $210,934. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,882/mo property income against a $3,327/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92506, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,600 (100%) |
| Owner Occupied HU | 11,872 (71.5%) |
| Renter Occupied HU | 4,269 (25.7%) |
| Vacant Housing Units | 459 ( 2.8%) |
| Median Home Value | $690,577 |
| Average Home Value | $750,322 |
Housing Distribution
Address Breakdown
Residential
16,241
Single Family
15,487
Multi-Family
754
Businesses
1,263
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Listed by: SCOTT GIESER • Tower Agency
Mls Name: CRMLS
Mls ID: #IV25160781