6351 Garden Hills WayRiversideCA92506
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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 Riverside at 6351 Garden Hills Way, Riverside, CA, 92506 generates $7,129/mo in rent, after a $8,076/mo payment. Total monthly income is $7,129/mo. Return on cash invested sits at 13.46% in year one, and rental yield is 5.18% on a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 68.16% and total cumulative return in cash sums $364,373. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,129/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92506, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,600 (100%) |
| Owner Occupied HU | 11,872 (71.5%) |
| Renter Occupied HU | 4,269 (25.7%) |
| Vacant Housing Units | 459 ( 2.8%) |
| Median Home Value | $690,577 |
| Average Home Value | $750,322 |
Housing Distribution
Address Breakdown
Residential
16,241
Single Family
15,487
Multi-Family
754
Businesses
1,263
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Listed by: CAROL KARIDAKES • Tower Agency
Mls Name: CRMLS
Mls ID: #IV25224539