15940 Lasselle St UNIT 2Moreno ValleyCA92551
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 Moreno Valley at 15940 Lasselle St UNIT 2, Moreno Valley, CA, 92551 offers a 9.54% rental yield on a $450,000 purchase with $3,578/mo rent. Total monthly income registers $3,578/mo, and a $2,203/mo payment leaves $794/mo available for distribution. Annual cash flow reaches $9,525/yr on $149,175 to close, and return on cash invested stands at 26.29% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 137.08% and total cumulative return in cash at $204,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,578/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
1,674 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92551, Moreno Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,839 (100%) |
| Owner Occupied HU | 6,109 (69.1%) |
| Renter Occupied HU | 2,539 (28.7%) |
| Vacant Housing Units | 191 ( 2.2%) |
| Median Home Value | $506,355 |
| Average Home Value | $508,516 |
Housing Distribution
Address Breakdown
Residential
8,840
Single Family
8,138
Multi-Family
702
Businesses
154
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MELANIE CARTER • Fiv Realty Co
Mls Name: CRMLS
Mls ID: #IG25255219