24341 Carman LnMoreno ValleyCA92551
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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
Rental property for sale in Moreno Valley at 24341 Carman Ln, Moreno Valley, CA, 92551 priced at $495,000 pairs $3,484/mo rent with $422/mo cash flow after a $2,423/mo payment. Total monthly income equals $3,484/mo, and annual cash flow comes to $5,059/yr on $164,093 invested. Return on cash invested is 22.99% in year one, and rental yield stands at 8.45% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 119.38% and total cumulative return in cash reaches $195,886. For financing, Ziffy Mortgage’s DSCR program evaluates $3,484/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92551, Moreno Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,839 (100%) |
| Owner Occupied HU | 6,109 (69.1%) |
| Renter Occupied HU | 2,539 (28.7%) |
| Vacant Housing Units | 191 ( 2.2%) |
| Median Home Value | $506,355 |
| Average Home Value | $508,516 |
Housing Distribution
Address Breakdown
Residential
8,840
Single Family
8,138
Multi-Family
702
Businesses
154
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Listed by: Jarrod Lujan • C-21 Astro
Mls Name: CRMLS
Mls ID: #RS25243476