1429 Alta Palma RdPerrisCA92571
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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
Rental property for sale in Perris at 1429 Alta Palma Rd, Perris, CA, 92571 offers $3,539/mo rent that, after a $2,668/mo payment, leaves $167/mo cash flow. Total monthly income is $3,539/mo, and annual cash flow is $2,004/yr on $179,305 cash. Return on cash invested measures 21.18% in year one, and rental yield stands at 7.79% at a $545,000 entry. Equity gained on principal adds $3,517/yr while 5% annual appreciation compounds into $150,573 by year five. Five-year ROI records 109.64% and total cumulative return in cash reaches $196,584. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,539/mo property income versus a $2,668/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
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: Solemon Niazi • Realty ONE Group Pacific
Mls Name: CRMLS
Mls ID: #ND25187263