6580 Lake StRiversideCA92503
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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
Total monthly income runs $3,443/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 6.36% with $3,443/mo rent. Return on cash invested shows 16.82% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 86.24% and total cumulative return in cash records $184,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,443/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1953
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92503, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,185 (100%) |
| Owner Occupied HU | 17,443 (61.9%) |
| Renter Occupied HU | 9,973 (35.4%) |
| Vacant Housing Units | 769 ( 2.7%) |
| Median Home Value | $622,831 |
| Average Home Value | $668,541 |
Housing Distribution
Address Breakdown
Residential
26,748
Single Family
22,884
Multi-Family
3,864
Businesses
2,258
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Listed by: Les Johnson • Coldwell Banker Assoc.Brks-CL
Mls Name: CRMLS
Mls ID: #SW25254618