4000 Pierce St SPACE 132RiversideCA92505
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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 4000 Pierce St SPACE 132, Riverside, CA, 92505 uses $58,013 cash to close to unlock $3,143/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,345/mo, and a $857/mo payment keeps the spread at $262/mo. Purchase price stands at $175,000, and rental yield measures 9.22% with $1,345/mo rent. Return on cash invested shows 25.33% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 131.88% and total cumulative return in cash records $76,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,345/mo property income covering a $857/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
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: Magdalena Guajardo • Y Realty
Mls Name: CRMLS
Mls ID: #IG25168104