200 E Alessandro Blvd UNIT 34RiversideCA92508
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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
Rental property for sale in Riverside at 200 E Alessandro Blvd UNIT 34, Riverside, CA, 92508 generates $2,954/mo in rent and, after a $1,982/mo payment, leaves $449/mo in cash flow. Total monthly income is $2,954/mo, and annual cash flow is $5,386/yr on $134,258 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 8.75% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 124.34% and total cumulative return in cash sums $166,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,954/mo property income rather than buyer’s personal income.
Condo
Built in 1990
3,484 sqft 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: David Saikaly • Locals Real Estate
Mls Name: CRMLS
Mls ID: #PTP2508866