1290 Highridge StRiversideCA92506
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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 1290 Highridge St, Riverside, CA, 92506 listed at $749,900 pairs $4,902/mo rent with a $3,670/mo payment to leave $263/mo cash flow. Total monthly income runs $4,902/mo, and annual cash flow reaches $3,161/yr on $246,717 cash to close. Return on cash invested measures 21.34% in year one, and rental yield registers 7.84% at a $749,900 basis. Equity gained on principal adds $4,839/yr, and annual property appreciation at 5% supports $207,184 by year five. Five-year ROI tracks 110.49% and total cumulative return in cash totals $272,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,902/mo property income relative to a $3,670/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.50 Acres 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: KEVIN ELLSTROM • GUARDIAN REALTY SERVICES INC
Mls Name: CRMLS
Mls ID: #IV25197930