600 Central Ave APT 332RiversideCA92507
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow600 Central Ave APT 332, Riverside, CA, 92507 in Riverside is a top-tier cash-flow asset. At $300,000 it produces $2,951/mo in rent and $690/mo in net monthly income, a 11.8% gross rental yield. The DSCR of 2.19 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $8,279. Five-year appreciation adds $82,884, driving a total cumulative return of $184,240.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 5.8% |
| Monthly Cash Flow | $690 | $1,850 |
City averages based on Riverside market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,951 |
| Total Monthly Debt Service | $1,736 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1980
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1980
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #PTP2601976