22708 Lukens LnPerrisCA92570
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow22708 Lukens Ln, Perris, CA, 92570 in Perris earns its strong cash-flow label: 14.33% yield, $2,640/mo rent, $1,273/mo net income, DSCR 2.52. The $221,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $61,058 by year five. Combined with $1,853/yr in principal paydown, total projected return reaches $161,540.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 6.5% |
| Monthly Cash Flow | $1,273 | $350 |
City averages based on Perris market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,640 |
| Total Monthly Debt Service | $1,333 |
| DSCR Ratio | 1.98x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1977
8,276 sqft 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
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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
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Listed by: Terri Holladay • Century 21 Affiliated
Mls Name: CRMLS
Mls Provider:
Mls ID: #SW26107363
