16377 Lakeshore Dr UNIT 4DLake ElsinoreCA92530
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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 Lake Elsinore at 16377 Lakeshore Dr UNIT 4D, Lake Elsinore, CA, 92530 listed at $300,000 pairs $2,339/mo rent with a $1,468/mo payment to leave $124/mo cash flow. Total monthly income runs $2,339/mo, and annual cash flow reaches $1,482/yr on $99,450 cash to close. Return on cash invested measures 21.4% in year one, and rental yield registers 9.36% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 112.42% and total cumulative return in cash totals $111,804. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,339/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92530, Lake Elsinore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,602 (100%) |
| Owner Occupied HU | 12,181 (62.1%) |
| Renter Occupied HU | 6,569 (33.5%) |
| Vacant Housing Units | 852 ( 4.3%) |
| Median Home Value | $565,012 |
| Average Home Value | $584,170 |
Housing Distribution
Address Breakdown
Residential
18,298
Single Family
17,734
Multi-Family
564
Businesses
1,161
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Listed by: Goran Forss • Team Forss Realty Group
Mls Name: CRMLS
Mls Provider:
Mls ID: #SW25150025
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 21:31:38 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information