24909 Madison Ave UNIT 3313MurrietaCA92562
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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 Murrieta at 24909 Madison Ave UNIT 3313, Murrieta, CA, 92562 earns $229/mo cash flow from $2,827/mo rent with a $2,056/mo payment. Total monthly income totals $2,827/mo, and annual cash flow totals $2,742/yr on $139,230 capital. ROI tracks 21.88% on current figures, and rental yield reads 8.08% at a $419,999 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 113.4% and total cumulative return in cash sums $157,891. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,827/mo property income instead of your personal income.
Condo
Built in 2002
N/A 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: John Kreiser • Berkshire Hathaway HomeServices California Properties
Mls Name: CRMLS
Mls ID: #SW25215535