28197 Harmony LnMenifeeCA92584
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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 Menifee at 28197 Harmony Ln, Menifee, CA, 92584 offers a 7.55% rental yield on a $514,500 purchase with $3,239/mo rent. Total monthly income registers $3,239/mo, and a $2,518/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $677/yr on $169,271 to close, and return on cash invested stands at 20.46% in year one. Equity gained on principal adds $3,320/yr while 5% annual appreciation supports $142,147 over five years. Portfolio math shows five-year ROI at 105.77% and total cumulative return in cash at $179,040. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,239/mo property income against a $2,518/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92584, Menifee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,873 (100%) |
| Owner Occupied HU | 16,913 (77.3%) |
| Renter Occupied HU | 3,457 (15.8%) |
| Vacant Housing Units | 1,503 ( 6.9%) |
| Median Home Value | $612,119 |
| Average Home Value | $626,783 |
Housing Distribution
Address Breakdown
Residential
20,190
Single Family
19,638
Multi-Family
552
Businesses
334
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Listed by: Dale Hebert • First Team Real Estate
Mls Name: CRMLS
Mls ID: #SW25149162