2990 Avalon StRiversideCA92509
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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 Riverside at 2990 Avalon St, Riverside, CA, 92509 uses $165,750 cash to close to unlock $3,038/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $3,346/mo, and a $2,447/mo payment keeps the spread at $253/mo. Purchase price stands at $500,000, and rental yield measures 8.03% with $3,346/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 112.69% and total cumulative return in cash records $186,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,346/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92509, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 14,873 (68.1%) |
| Renter Occupied HU | 6,378 (29.2%) |
| Vacant Housing Units | 574 ( 2.6%) |
| Median Home Value | $591,653 |
| Average Home Value | $586,415 |
Housing Distribution
Address Breakdown
Residential
20,849
Single Family
19,766
Multi-Family
1,083
Businesses
937
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Listed by: Eduardo Vasquez • Smart Sell Real Estate
Mls Name: CRMLS
Mls ID: #IG25273535