29304 Bent GrassLake 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 29304 Bent Grass, Lake Elsinore, CA, 92530 uses $210,560 cash to close to unlock $3,736/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $4,270/mo, and a $3,132/mo payment keeps the spread at $311/mo. Purchase price stands at $640,000, and rental yield measures 8.01% with $4,270/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 113.14% and total cumulative return in cash records $238,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,270/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Single Family
Built in 2017
5,663 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: Kenneth So • Moon Realty
Mls Name: CRMLS
Mls ID: #AR25158022