1383 Riviera DrBlytheCA92225
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 Blythe at 1383 Riviera Dr, Blythe, CA, 92225 uses $116,025 cash to close to unlock $215/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $2,183/mo, and a $1,713/mo payment keeps the spread at $18/mo. Purchase price stands at $350,000, and rental yield measures 7.48% with $2,183/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 103.81% and total cumulative return in cash records $120,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,183/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92225, Blythe, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,587 (100%) |
| Owner Occupied HU | 2,946 (38.8%) |
| Renter Occupied HU | 2,588 (34.1%) |
| Vacant Housing Units | 2,053 (27.1%) |
| Median Home Value | $194,503 |
| Average Home Value | $278,115 |
Housing Distribution
Address Breakdown
Residential
5,928
Single Family
5,223
Multi-Family
705
Businesses
369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Smith • RE/MAX Blythe Realty
Mls Name: CRMLS
Mls ID: #SW25125914