504 Iroquois RdPerrisCA92570
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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 Perris at 504 Iroquois Rd, Perris, CA, 92570 offers $3,234/mo rent that, after a $1,609/mo payment, leaves $1,200/mo cash flow. Total monthly income is $3,234/mo, and annual cash flow is $14,404/yr on $108,997 cash. Return on cash invested measures 33.12% in year one, and rental yield stands at 11.8% at a $328,800 entry. Equity gained on principal adds $2,122/yr while 5% annual appreciation compounds into $90,841 by year five. Five-year ROI records 173.72% and total cumulative return in cash reaches $189,354. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,234/mo property income versus a $1,609/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92570, Perris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,545 (100%) |
| Owner Occupied HU | 10,603 (64.1%) |
| Renter Occupied HU | 5,198 (31.4%) |
| Vacant Housing Units | 744 ( 4.5%) |
| Median Home Value | $582,433 |
| Average Home Value | $608,559 |
Housing Distribution
Address Breakdown
Residential
15,141
Single Family
14,473
Multi-Family
668
Businesses
472
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #SW25219040