593 Parkview DrLake ElsinoreCA92530
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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 Lake Elsinore at 593 Parkview Dr, Lake Elsinore, CA, 92530 at $315,000 posts ROI 24.31% with $383/mo cash flow from $2,332/mo rent. Total monthly income equals $2,332/mo, and annual cash flow records $4,597/yr on $104,423 to close. Return on cash invested measures 24.31% and rental yield reads 8.88% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 126.49% and total cumulative return in cash totals $132,089.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,332/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
1,306 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
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Listed by: Derek M Lundgren • eXp Realty of Southern California, Inc.
Mls Name: SDMLS
Mls ID: #250038419