24437 Ridgewood RdMurrietaCA92562
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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 Murrieta at 24437 Ridgewood Rd, Murrieta, CA, 92562 generates $3,968/mo in rent, after a $3,426/mo payment. Total monthly income is $3,968/mo. Return on cash invested sits at 18.17% in year one, and rental yield is 6.8% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 93.49% and total cumulative return in cash sums $215,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,968/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92562, Murrieta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,021 (100%) |
| Owner Occupied HU | 15,226 (66.1%) |
| Renter Occupied HU | 6,728 (29.2%) |
| Vacant Housing Units | 1,067 ( 4.6%) |
| Median Home Value | $673,181 |
| Average Home Value | $759,199 |
Housing Distribution
Address Breakdown
Residential
22,166
Single Family
18,260
Multi-Family
3,906
Businesses
1,838
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Listed by: Tyson Robinson • Trillion Real Estate
Mls Name: CRMLS
Mls ID: #SW25272450