30396 Waterline DrMenifeeCA92584
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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 30396 Waterline Dr, Menifee, CA, 92584 uses $240,098 cash to close to unlock $28,756/yr annual cash flow and $2,396/mo monthly cash flow. Total monthly income runs $6,911/mo, and a $3,572/mo payment keeps the spread at $2,396/mo. Purchase price stands at $729,780, and rental yield measures 11.36% with $6,911/mo rent. Return on cash invested shows 32.04% in year one, and 5% annual appreciation builds toward $201,625 over five years. Five-year ROI reaches 167.85% and total cumulative return in cash records $403,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,911/mo property income covering a $3,572/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A