29863 Bankside DrMenifeeCA92585
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 29863 Bankside Dr, Menifee, CA, 92585 listed at $625,000 pairs $3,952/mo rent with a $3,059/mo payment to leave $86/mo cash flow. Total monthly income runs $3,952/mo, and annual cash flow reaches $1,028/yr on $205,625 cash to close. Return on cash invested measures 20.56% in year one, and rental yield registers 7.59% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 106.29% and total cumulative return in cash totals $218,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,952/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92585, Sun City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,572 (100%) |
| Owner Occupied HU | 7,659 (80.0%) |
| Renter Occupied HU | 1,572 (16.4%) |
| Vacant Housing Units | 341 ( 3.6%) |
| Median Home Value | $567,723 |
| Average Home Value | $612,127 |
Housing Distribution
Address Breakdown
Residential
8,937
Single Family
8,937
Multi-Family
0
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MICHAEL STOFFEL • Century 21 Top Producers
Mls Name: CRMLS
Mls ID: #IV25278522