29263 Gateway DrLake 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 29263 Gateway Dr, Lake Elsinore, CA, 92530 earns from $3,473/mo rent with a $3,377/mo payment. Total monthly income totals $3,473/mo. ROI tracks 15.86% on current figures, and rental yield reads 6.04% at a $690,000 purchase. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 over five years. Five-year ROI reaches 81.07% and total cumulative return in cash sums $184,040. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,473/mo property income instead of your personal income.
Single Family
Built in 2007
9,148 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: Dione Quintana • Cal Pacific Properties
Mls Name: CRMLS
Mls ID: #IG25138466