23589 Vista 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 23589 Vista Way, Canyon Lake, CA, 92587 uses $157,463 cash to close to unlock $5,897/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $3,430/mo, and a $2,325/mo payment keeps the spread at $491/mo. Purchase price stands at $475,000, and rental yield measures 8.67% with $3,430/mo rent. Return on cash invested shows 23.65% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 122.93% and total cumulative return in cash records $193,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,430/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1989
N/A 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: Albert Shamasha • LPT Realty,Inc
Mls Name: SDMLS
Mls ID: #250041591