24440 Reserve CtMenifeeCA92584
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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 Menifee at 24440 Reserve Ct, Menifee, CA, 92584 offers a 7.21% rental yield on a $670,000 purchase with $4,025/mo rent. 41% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,109 over five years. Portfolio math shows five-year ROI at 100.14% and total cumulative return in cash at $220,733. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,025/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92584, Menifee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,873 (100%) |
| Owner Occupied HU | 16,913 (77.3%) |
| Renter Occupied HU | 3,457 (15.8%) |
| Vacant Housing Units | 1,503 ( 6.9%) |
| Median Home Value | $612,119 |
| Average Home Value | $626,783 |
Housing Distribution
Address Breakdown
Residential
20,190
Single Family
19,638
Multi-Family
552
Businesses
334
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Listed by: Lisa Di Noto • KELLER WILLIAMS EMPIRE ESTATES
Mls Name: CRMLS
Mls ID: #CV25226298