18598 Granite AveRiversideCA92508
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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 18598 Granite Ave, Riverside, CA, 92508 listed at $610,000 pairs $3,875/mo rent with a $2,986/mo payment to leave $101/mo cash flow. Total monthly income runs $3,875/mo, and annual cash flow reaches $1,213/yr on $200,690 cash to close. Return on cash invested measures 20.66% in year one, and rental yield registers 7.62% at a $610,000 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,532 by year five. Five-year ROI tracks 106.88% and total cumulative return in cash totals $214,495. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,875/mo property income relative to a $2,986/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92508, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,504 (100%) |
| Owner Occupied HU | 8,222 (78.3%) |
| Renter Occupied HU | 2,068 (19.7%) |
| Vacant Housing Units | 214 ( 2.0%) |
| Median Home Value | $679,177 |
| Average Home Value | $726,401 |
Housing Distribution
Address Breakdown
Residential
10,397
Single Family
9,759
Multi-Family
638
Businesses
412
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Listed by: ANTHONY EID • BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Mls Name: CRMLS
Mls ID: #IV25273217