31707 Indian Spring RdLake ElsinoreCA92532
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 31707 Indian Spring Rd, Lake Elsinore, CA, 92532 listed at $578,888 pairs $3,526/mo rent with a $2,833/mo payment. Total monthly income runs $3,526/mo. Return on cash invested measures 19.72% in year one, and rental yield registers 7.31% at a $578,888 basis. Equity gained on principal adds $3,735/yr, and annual property appreciation at 5% supports $159,936 by year five. Five-year ROI tracks 101.77% and total cumulative return in cash totals $193,831. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,526/mo property income relative to a $2,833/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92532, Lake Elsinore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,273 (100%) |
| Owner Occupied HU | 6,172 (74.6%) |
| Renter Occupied HU | 1,840 (22.2%) |
| Vacant Housing Units | 261 ( 3.2%) |
| Median Home Value | $612,722 |
| Average Home Value | $629,523 |
Housing Distribution
Address Breakdown
Residential
7,922
Single Family
7,573
Multi-Family
349
Businesses
217
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Listed by: Jackeline Lopez-Shaw • KELLER WILLIAMS REALTY COLLEGE PARK
Mls Name: CRMLS
Mls ID: #CV25170795