3874 Polk St UNIT DRiversideCA92505
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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 3874 Polk St UNIT D, Riverside, CA, 92505 offers a 8.03% rental yield on a $480,000 purchase with $3,212/mo rent. Total monthly income registers $3,212/mo, and a $2,349/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,916/yr on $159,120 to close, and return on cash invested stands at 21.74% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 112.65% and total cumulative return in cash at $179,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,212/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92505, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,046 (100%) |
| Owner Occupied HU | 7,485 (49.7%) |
| Renter Occupied HU | 7,090 (47.1%) |
| Vacant Housing Units | 471 ( 3.1%) |
| Median Home Value | $596,010 |
| Average Home Value | $590,912 |
Housing Distribution
Address Breakdown
Residential
15,000
Single Family
11,401
Multi-Family
3,599
Businesses
677
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Listed by: ARIANNA GOMEZ • COLDWELL BANKER REALTY
Mls Name: CRMLS
Mls ID: #IV26006160