24452 Electra CtMoreno 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 24452 Electra Ct, Moreno Valley, CA, 92551 generates $3,251/mo in rent and, after a $2,398/mo payment, leaves $220/mo in cash flow. Total monthly income is $3,251/mo, and annual cash flow is $2,643/yr on $162,402 invested. Return on cash invested sits at 21.54% in year one, and rental yield is 7.96% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 111.59% and total cumulative return in cash sums $181,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,251/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
5,663 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: GABRIELA HANSON • NEST REAL ESTATE
Mls Name: CRMLS
Mls ID: #IV25247935