6627 Western AveRiversideCA92505
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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 6627 Western Ave, Riverside, CA, 92505 generates $3,570/mo in rent, after a $3,132/mo payment. Total monthly income is $3,570/mo. Return on cash invested sits at 17.85% in year one, and rental yield is 6.69% on a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 91.75% and total cumulative return in cash sums $193,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,570/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92505, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,046 (100%) |
| Owner Occupied HU | 7,485 (49.7%) |
| Renter Occupied HU | 7,090 (47.1%) |
| Vacant Housing Units | 471 ( 3.1%) |
| Median Home Value | $596,010 |
| Average Home Value | $590,912 |
Housing Distribution
Address Breakdown
Residential
15,000
Single Family
11,401
Multi-Family
3,599
Businesses
677
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Listed by: Ivan Robles • Aspire Los Angeles
Mls Name: CLAW
Mls ID: #25569213