600 Central Ave APT 302RiversideCA92507
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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 600 Central Ave APT 302, Riverside, CA, 92507 listed at $395,000 pairs $2,995/mo rent with a $1,933/mo payment to leave $552/mo cash flow. Total monthly income runs $2,995/mo, and annual cash flow reaches $6,621/yr on $130,943 cash to close. Return on cash invested measures 24.97% in year one, and rental yield registers 9.1% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 129.95% and total cumulative return in cash totals $170,166. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,995/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92507, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,739 (100%) |
| Owner Occupied HU | 8,330 (35.1%) |
| Renter Occupied HU | 13,515 (56.9%) |
| Vacant Housing Units | 1,894 ( 8.0%) |
| Median Home Value | $607,258 |
| Average Home Value | $625,569 |
Housing Distribution
Address Breakdown
Residential
21,178
Single Family
13,513
Multi-Family
7,665
Businesses
2,260
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Listed by: ROBERT POOLEY • KELLER WILLIAMS RIVERSIDE CENT
Mls Name: CRMLS
Mls ID: #IV25227650