20230 Planada CtRiversideCA92508
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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 20230 Planada Ct, Riverside, CA, 92508 earns $317/mo cash flow from $3,038/mo rent with a $2,153/mo payment. Total monthly income totals $3,038/mo, and annual cash flow totals $3,801/yr on $145,827 capital. ROI tracks 22.52% on current figures, and rental yield reads 8.29% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 116.8% and total cumulative return in cash sums $170,331. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,038/mo property income instead of your personal income.
Manufactured
Built in 2008
7,841 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: EDITH GINGERICH • MISSION RANCH REALTY
Mls Name: CRMLS
Mls ID: #IV25268067