2981 Barn Owl DrPerrisCA92571
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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
Rental property for sale in Perris at 2981 Barn Owl Dr, Perris, CA, 92571 generates $3,770/mo in rent and, after a $2,814/mo payment, leaves $213/mo in cash flow. Total monthly income is $3,770/mo, and annual cash flow is $2,561/yr on $189,142 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 7.87% on a $574,900 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 110.89% and total cumulative return in cash sums $209,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,770/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92571, Perris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,967 (100%) |
| Owner Occupied HU | 10,213 (68.2%) |
| Renter Occupied HU | 4,445 (29.7%) |
| Vacant Housing Units | 309 ( 2.1%) |
| Median Home Value | $522,193 |
| Average Home Value | $539,599 |
Housing Distribution
Address Breakdown
Residential
14,179
Single Family
13,530
Multi-Family
649
Businesses
533
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Listed by: ADAM REIFER • COMPASS
Mls Name: CRMLS
Mls ID: #IV25161267