22477 Boating WayCanyon LakeCA92587
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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 Canyon Lake at 22477 Boating Way, Canyon Lake, CA, 92587 with 5% annual appreciation on a $1,999,000 basis while $5,683/mo rent supports operations. 99% in year one. Equity gained on principal adds $12,899/yr, and five-year appreciation sums $552,287 alongside rental yield of 3.41%. Five-year ROI measures 38.81% and total cumulative return in cash totals $251,345. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,683/mo property income versus a $9,784/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92587, Sun City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 5,039 (76.2%) |
| Renter Occupied HU | 1,072 (16.2%) |
| Vacant Housing Units | 500 ( 7.6%) |
| Median Home Value | $666,814 |
| Average Home Value | $709,358 |
Housing Distribution
Address Breakdown
Residential
6,427
Single Family
6,427
Multi-Family
0
Businesses
184
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Listed by: Robert Kielty • Kielty Realty
Mls Name: CRMLS
Mls ID: #SW25231576