642 Via ZapataRiversideCA92507
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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 642 Via Zapata, Riverside, CA, 92507 priced at $650,000 converts $4,218/mo rent into $197/mo cash flow after a $3,181/mo obligation. Total monthly income equals $4,218/mo, and annual cash flow totals $2,369/yr on $213,850 invested. Return on cash invested prints 21.17% in year one, and rental yield reads 7.79% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 109.56% and total cumulative return in cash sums $234,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,218/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Condo
Built in 1969
1,582 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: Tiana Beck • Balboa Real Estate, Inc
Mls Name: CRMLS
Mls ID: #OC25165863