23779 Parkland AveMoreno ValleyCA92557
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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 Moreno Valley at 23779 Parkland Ave, Moreno Valley, CA, 92557 uses $165,750 cash to close to unlock $3,158/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $3,356/mo, and a $2,447/mo payment keeps the spread at $263/mo. Purchase price stands at $499,999, and rental yield measures 8.05% with $3,356/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 113.07% and total cumulative return in cash records $187,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,356/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1986
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92557, Moreno Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,398 (100%) |
| Owner Occupied HU | 10,475 (63.9%) |
| Renter Occupied HU | 5,430 (33.1%) |
| Vacant Housing Units | 493 ( 3.0%) |
| Median Home Value | $568,223 |
| Average Home Value | $582,186 |
Housing Distribution
Address Breakdown
Residential
15,916
Single Family
14,393
Multi-Family
1,523
Businesses
326
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Listed by: Blake Cory • eXp Realty of California, Inc.
Mls Name: CRMLS
Mls ID: #SW25223329