2789 Fairmount BlvdRiversideCA92501
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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
Total monthly income runs $2,749/mo, and a $3,669/mo payment. Purchase price stands at $749,555, and rental yield measures 4.4% with $2,749/mo rent. Return on cash invested shows 10.87% in year one, and 5% annual appreciation builds toward $207,088 over five years. Five-year ROI reaches 54.34% and total cumulative return in cash records $134,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,749/mo property income covering a $3,669/mo payment rather than investor’s personal income.
Multi Family
Built in 1929
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92501, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,041 (100%) |
| Owner Occupied HU | 3,362 (41.8%) |
| Renter Occupied HU | 4,204 (52.3%) |
| Vacant Housing Units | 475 ( 5.9%) |
| Median Home Value | $591,080 |
| Average Home Value | $613,928 |
Housing Distribution
Address Breakdown
Residential
7,399
Single Family
6,429
Multi-Family
970
Businesses
1,197
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Listed by: Sandy Hernandez • CENTURY 21 SYNERGIA REALTY
Mls Name: CRMLS
Mls ID: #CV25216195