26279 Iris Ave UNIT EMoreno ValleyCA92555
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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 26279 Iris Ave UNIT E, Moreno Valley, CA, 92555 offers a 8.83% rental yield on a $419,000 purchase with $3,082/mo rent. Total monthly income registers $3,082/mo, and a $2,051/mo payment leaves $490/mo available for distribution. Annual cash flow reaches $5,877/yr on $138,899 to close, and return on cash invested stands at 24.14% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 125.53% and total cumulative return in cash at $174,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,082/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92555, Moreno Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,450 (100%) |
| Owner Occupied HU | 9,633 (71.6%) |
| Renter Occupied HU | 3,441 (25.6%) |
| Vacant Housing Units | 376 ( 2.8%) |
| Median Home Value | $598,688 |
| Average Home Value | $619,783 |
Housing Distribution
Address Breakdown
Residential
12,145
Single Family
11,381
Multi-Family
764
Businesses
180
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Listed by: Michael Padilla • Lyon Stahl Investment Real Estate, Inc.
Mls Name: CRMLS
Mls ID: #SB25223010