34305 Deergrass WayLake ElsinoreCA92532
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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
Rental property for sale in Lake Elsinore at 34305 Deergrass Way, Lake Elsinore, CA, 92532 generates $4,097/mo in rent, after a $3,304/mo payment. Total monthly income is $4,097/mo. Return on cash invested sits at 19.63% in year one, and rental yield is 7.28% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 101.34% and total cumulative return in cash sums $225,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,097/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
8,712 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: Guillermo Altamirano • Oscar Tortola Group Real Estate Services
Mls Name: CRMLS
Mls ID: #IG25247905