3570 Raven DrLake 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
Rental property for sale in Lake Elsinore at 3570 Raven Dr, Lake Elsinore, CA, 92530 generates $2,398/mo in rent, after a $2,244/mo payment. Total monthly income is $2,398/mo. Return on cash invested sits at 16.45% in year one, and rental yield is 6.28% on a $458,500 entry. Equity gained on principal adds $2,959/yr, while 5% annual appreciation builds toward $126,675 over five years. Five-year ROI reaches 84.29% and total cumulative return in cash sums $128,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,398/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
3,049 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: ALICIA HOYER • WESTCOE REALTORS INC
Mls Name: CRMLS
Mls ID: #IV25275344