23729 Citrus AvePerrisCA92570
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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 Perris at 23729 Citrus Ave, Perris, CA, 92570 listed at $890,000 pairs $5,662/mo rent with a $4,356/mo payment to leave $156/mo cash flow. Total monthly income runs $5,662/mo, and annual cash flow reaches $1,877/yr on $292,810 cash to close. Return on cash invested measures 20.7% in year one, and rental yield registers 7.63% at a $890,000 basis. Equity gained on principal adds $5,743/yr, and annual property appreciation at 5% supports $245,891 by year five. Five-year ROI tracks 107.06% and total cumulative return in cash totals $313,468. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,662/mo property income relative to a $4,356/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
1.10 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
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Listed by: EDUARDO FRANCO • ALTICORE REALTY
Mls Name: CRMLS
Mls ID: #IV25265360