30310 Spray DrCanyon LakeCA92587
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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 Canyon Lake at 30310 Spray Dr, Canyon Lake, CA, 92587 uses $207,270 cash to close to unlock $12,255/yr annual cash flow and $1,021/mo monthly cash flow. Total monthly income runs $4,919/mo, and a $3,084/mo payment keeps the spread at $1,021/mo. Purchase price stands at $630,000, and rental yield measures 9.37% with $4,919/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 135.34% and total cumulative return in cash records $280,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,919/mo property income covering a $3,084/mo payment rather than investor’s personal income.
Single Family
Built in 2000
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92587, Sun City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 5,039 (76.2%) |
| Renter Occupied HU | 1,072 (16.2%) |
| Vacant Housing Units | 500 ( 7.6%) |
| Median Home Value | $666,814 |
| Average Home Value | $709,358 |
Housing Distribution
Address Breakdown
Residential
6,427
Single Family
6,427
Multi-Family
0
Businesses
184
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Listed by: Iris Stricklin • Legacy Realty Inc.
Mls Name: CRMLS
Mls ID: #SW25225637