21491 Oak StPerrisCA92570
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Perris rentals match the income profile of 21491 Oak St, Perris, CA, 92570. Listed at $299,900, gross rent is $2,826/mo and net cash flow is $971/mo, a 11.31% yield well above national averages. DSCR 2.09 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $82,857 by year five with $2,762/yr in annual principal reduction, projecting $176,167 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.5% |
| Monthly Cash Flow | $971 | $350 |
City averages based on Perris market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,826 |
| Total Monthly Debt Service | $1,736 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1974
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92570, Perris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,545 (100%) |
| Owner Occupied HU | 10,603 (64.1%) |
| Renter Occupied HU | 5,198 (31.4%) |
| Vacant Housing Units | 744 ( 4.5%) |
| Median Home Value | $582,433 |
| Average Home Value | $608,559 |
Housing Distribution
Address Breakdown
Residential
15,141
Single Family
14,473
Multi-Family
668
Businesses
472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1974
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92570, Perris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,545 (100%) |
| Owner Occupied HU | 10,603 (64.1%) |
| Renter Occupied HU | 5,198 (31.4%) |
| Vacant Housing Units | 744 ( 4.5%) |
| Median Home Value | $582,433 |
| Average Home Value | $608,559 |
Housing Distribution
Address Breakdown
Residential
15,141
Single Family
14,473
Multi-Family
668
Businesses
472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KATIE FETROW • POWER OF 2 REALTY
Mls Name: CRMLS
Mls ID: #IV25188658