24348 Karry CtMoreno ValleyCA92551
Nearby investment properties with comparable rents
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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 24348 Karry Ct, Moreno Valley, CA, 92551 uses $180,917 cash to close to unlock $3,849/yr annual cash flow and $321/mo monthly cash flow. Total monthly income runs $3,722/mo, and a $2,691/mo payment keeps the spread at $321/mo. Purchase price stands at $549,900, and rental yield measures 8.12% with $3,722/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash records $208,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,722/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 1983
6,534 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: Ma De La Luz Zavala • First Team Real Estate
Mls Name: CRMLS
Mls ID: #DW26001523