22958 Skylink DrCanyon 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 22958 Skylink Dr, Canyon Lake, CA, 92587 earns $1,086/mo cash flow from $3,653/mo rent with a $2,031/mo payment. Total monthly income totals $3,653/mo, and annual cash flow totals $13,031/yr on $137,573 capital. ROI tracks 29.38% on current figures, and rental yield reads 10.56% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 153.62% and total cumulative return in cash sums $211,341. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,653/mo property income instead of your personal income.
Manufactured
Built in 1972
6,970 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: KRISTINE GONZALES • COLDWELL BANKER ASSOC BRKR/CL
Mls Name: CRMLS
Mls ID: #IV25270782