281 Jessica StLake ElsinoreCA92530
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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 Lake Elsinore at 281 Jessica St, Lake Elsinore, CA, 92530 with 5% annual appreciation on a $569,900 basis while $3,241/mo rent supports operations. 24% in year one. Equity gained on principal adds $3,677/yr, and five-year appreciation sums $157,453 alongside rental yield of 6.82%. Five-year ROI measures 93.85% and total cumulative return in cash totals $175,974. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,241/mo property income versus a $2,789/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92530, Lake Elsinore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,602 (100%) |
| Owner Occupied HU | 12,181 (62.1%) |
| Renter Occupied HU | 6,569 (33.5%) |
| Vacant Housing Units | 852 ( 4.3%) |
| Median Home Value | $565,012 |
| Average Home Value | $584,170 |
Housing Distribution
Address Breakdown
Residential
18,298
Single Family
17,734
Multi-Family
564
Businesses
1,161
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Listed by: KEVIN ELLSTROM • GUARDIAN REALTY SERVICES INC
Mls Name: CRMLS
Mls ID: #IV26021284