29085 Griffith 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 29085 Griffith Dr, Menifee, CA, 92586 uses $130,943 cash to close to unlock $6,513/yr annual cash flow and $543/mo monthly cash flow. Total monthly income runs $2,986/mo, and a $1,933/mo payment keeps the spread at $543/mo. Purchase price stands at $395,000, and rental yield measures 9.07% with $2,986/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 129.52% and total cumulative return in cash records $169,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,986/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,276 sqft 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: Leif Hansen • Coldwell Banker Assoc.Brkr-Mur
Mls Name: CRMLS
Mls ID: #SW25163418