1747 Palermo DrRiversideCA92507
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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 1747 Palermo Dr, Riverside, CA, 92507 offers a 8.6% rental yield on a $580,000 purchase with $4,156/mo rent. Total monthly income registers $4,156/mo, and a $2,839/mo payment leaves $568/mo available for distribution. Annual cash flow reaches $6,814/yr on $190,820 to close, and return on cash invested stands at 23.63% in year one. Equity gained on principal adds $3,743/yr while 5% annual appreciation supports $160,243 over five years. Portfolio math shows five-year ROI at 122.76% and total cumulative return in cash at $234,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,156/mo property income against a $2,839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92507, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,739 (100%) |
| Owner Occupied HU | 8,330 (35.1%) |
| Renter Occupied HU | 13,515 (56.9%) |
| Vacant Housing Units | 1,894 ( 8.0%) |
| Median Home Value | $607,258 |
| Average Home Value | $625,569 |
Housing Distribution
Address Breakdown
Residential
21,178
Single Family
13,513
Multi-Family
7,665
Businesses
2,260
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