3223 Algonquin LnRiversideCA92503
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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 3223 Algonquin Ln, Riverside, CA, 92503 earns $464/mo cash flow from $4,794/mo rent with a $3,426/mo payment. Total monthly income totals $4,794/mo, and annual cash flow totals $5,568/yr on $230,267 capital. ROI tracks 22.48% on current figures, and rental yield reads 8.22% at a $699,900 purchase. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash sums $268,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,794/mo property income instead of your personal income.
Single Family
Built in 1978
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92503, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,185 (100%) |
| Owner Occupied HU | 17,443 (61.9%) |
| Renter Occupied HU | 9,973 (35.4%) |
| Vacant Housing Units | 769 ( 2.7%) |
| Median Home Value | $622,831 |
| Average Home Value | $668,541 |
Housing Distribution
Address Breakdown
Residential
26,748
Single Family
22,884
Multi-Family
3,864
Businesses
2,258
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Listed by: BLANCA BAEZ • CENTURY 21 KING
Mls Name: CRMLS
Mls ID: #IV25155730