17797 Grand AveLake 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
Total monthly income runs $2,546/mo, and a $2,092/mo payment. Purchase price stands at $427,376, and rental yield measures 7.15% with $2,546/mo rent. Return on cash invested shows 19.08% in year one, and 5% annual appreciation builds toward $118,076 over five years. Five-year ROI reaches 98.38% and total cumulative return in cash records $139,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,546/mo property income covering a $2,092/mo payment rather than investor’s personal income.
Multi Family
Built in 1947
3,920 sqft lot
$N/A/sqft
No 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: Andrew Washington • Andrew Washington, Broker
Mls Name: CLAW
Mls ID: #25624643PS