690 Riviera DrBlytheCA92225
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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 Blythe at 690 Riviera Dr, Blythe, CA, 92225 priced at $798,000 converts $2,274/mo rent into after a $3,906/mo obligation. Total monthly income equals $2,274/mo. Return on cash invested prints 7.89% in year one, and rental yield reads 3.42% against a $798,000 entry. Equity gained on principal adds $5,149/yr, while 5% annual appreciation compiles into $220,473 by year five. Five-year ROI reaches 38.36% and total cumulative return in cash sums $100,708. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $3,906/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92225, Blythe, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,587 (100%) |
| Owner Occupied HU | 2,946 (38.8%) |
| Renter Occupied HU | 2,588 (34.1%) |
| Vacant Housing Units | 2,053 (27.1%) |
| Median Home Value | $194,503 |
| Average Home Value | $278,115 |
Housing Distribution
Address Breakdown
Residential
5,928
Single Family
5,223
Multi-Family
705
Businesses
369
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Listed by: Lisa Blair • Blackbird Real Estate Group
Mls Name: CRMLS
Mls ID: #OC25160079