6831 Coronado WayRiversideCA92504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6831 Coronado Way, Riverside, CA, 92504 offers a 7.36% rental yield on a $589,900 purchase with $3,619/mo rent. 88% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 102.64% and total cumulative return in cash at $199,209. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,619/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92504, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,519 (100%) |
| Owner Occupied HU | 10,381 (59.3%) |
| Renter Occupied HU | 6,516 (37.2%) |
| Vacant Housing Units | 622 ( 3.6%) |
| Median Home Value | $611,591 |
| Average Home Value | $635,709 |
Housing Distribution
Address Breakdown
Residential
17,408
Single Family
14,345
Multi-Family
3,063
Businesses
1,048
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DANIELLE JENKINS • WESTCOE REALTORS INC
Mls Name: CRMLS
Mls ID: #IV25202979