29416 Harlequin CtMenifeeCA92584
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 29416 Harlequin Ct, Menifee, CA, 92584 in Menifee hard to pass up. The 10.2% gross yield on a $675,000 purchase results in $5,737/mo in rent and $1,014/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.89). Annual cash flow of $12,167, five-year appreciation of $186,490, and $6,217/yr in equity build-up combine for a projected total cumulative return of $323,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 7.0% |
| Monthly Cash Flow | $1,014 | $1,500 |
City averages based on Menifee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,737 |
| Total Monthly Debt Service | $4,455 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
7,405 sqft lot
$N/A/sqft
$227 monthly 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
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
Single Family
Built in 2011
7,405 sqft lot
$N/A/sqft
$227 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices