2838 Rumsey DrRiversideCA92506
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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 Riverside at 2838 Rumsey Dr, Riverside, CA, 92506 earns from $6,792/mo rent with a $8,296/mo payment. Total monthly income totals $6,792/mo. ROI tracks 12.3% on current figures, and rental yield reads 4.81% at a $1,695,000 purchase. Equity gained on principal adds $10,938/yr, and 5% annual appreciation supports $468,297 over five years. Five-year ROI reaches 61.93% and total cumulative return in cash sums $340,125. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,792/mo property income instead of your personal income.
Single Family
Built in 1951
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92506, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,600 (100%) |
| Owner Occupied HU | 11,872 (71.5%) |
| Renter Occupied HU | 4,269 (25.7%) |
| Vacant Housing Units | 459 ( 2.8%) |
| Median Home Value | $690,577 |
| Average Home Value | $750,322 |
Housing Distribution
Address Breakdown
Residential
16,241
Single Family
15,487
Multi-Family
754
Businesses
1,263
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Listed by: BRAD ALEWINE • COMPASS
Mls Name: CRMLS
Mls ID: #IV25178400