26960 Augusta DrMenifeeCA92586
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 26960 Augusta Dr, Menifee, CA, 92586 at $315,000 posts ROI 24.01% with $357/mo cash flow from $2,306/mo rent. Total monthly income equals $2,306/mo, and annual cash flow records $4,285/yr on $104,423 to close. Return on cash invested measures 24.01% and rental yield reads 8.78% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 124.89% and total cumulative return in cash totals $130,409.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,306/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1964
2,614 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92586, Sun City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,102 (100%) |
| Owner Occupied HU | 7,432 (66.9%) |
| Renter Occupied HU | 3,110 (28.0%) |
| Vacant Housing Units | 560 ( 5.0%) |
| Median Home Value | $379,606 |
| Average Home Value | $434,257 |
Housing Distribution
Address Breakdown
Residential
10,738
Single Family
10,342
Multi-Family
396
Businesses
557
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Listed by: Jennifer Hughes • RE/MAX All-Pro
Mls Name: GAVAR
Mls Provider:
Mls ID: #24006417
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.