6355 Alton StRiversideCA92509
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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 6355 Alton St, Riverside, CA, 92509 offers a 7.4% rental yield on a $575,000 purchase with $3,547/mo rent. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 103.3% and total cumulative return in cash at $195,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,547/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92509, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 14,873 (68.1%) |
| Renter Occupied HU | 6,378 (29.2%) |
| Vacant Housing Units | 574 ( 2.6%) |
| Median Home Value | $591,653 |
| Average Home Value | $586,415 |
Housing Distribution
Address Breakdown
Residential
20,849
Single Family
19,766
Multi-Family
1,083
Businesses
937
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Listed by: DAVID AJEIGBE • BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Mls Name: CRMLS
Mls ID: #IV25268870