30996 Olas CtLake ElsinoreCA92530
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 Lake Elsinore at 30996 Olas Ct, Lake Elsinore, CA, 92530 earns from $1,920/mo rent with a $2,702/mo payment. Total monthly income totals $1,920/mo. ROI tracks 10.18% on current figures, and rental yield reads 4.17% at a $551,990 purchase. Equity gained on principal adds $3,562/yr, and 5% annual appreciation supports $152,505 over five years. Five-year ROI reaches 50.67% and total cumulative return in cash sums $92,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Condo
Built in 2025
1,822 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92530, Lake Elsinore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,602 (100%) |
| Owner Occupied HU | 12,181 (62.1%) |
| Renter Occupied HU | 6,569 (33.5%) |
| Vacant Housing Units | 852 ( 4.3%) |
| Median Home Value | $565,012 |
| Average Home Value | $584,170 |
Housing Distribution
Address Breakdown
Residential
18,298
Single Family
17,734
Multi-Family
564
Businesses
1,161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Collins • D R Horton America's Builder
Mls Name: CRMLS
Mls ID: #SW25200867