6929 37th StRiversideCA92509
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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 6929 37th St, Riverside, CA, 92509 generates $3,118/mo in rent and, after a $1,952/mo payment, leaves $651/mo in cash flow. Total monthly income is $3,118/mo, and annual cash flow is $7,809/yr on $132,235 invested. Return on cash invested sits at 25.81% in year one, and rental yield is 9.38% on a $398,900 entry. Equity gained on principal adds $2,574/yr, while 5% annual appreciation builds toward $110,209 over five years. Five-year ROI reaches 134.5% and total cumulative return in cash sums $177,858. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,118/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.25 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92509, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 14,873 (68.1%) |
| Renter Occupied HU | 6,378 (29.2%) |
| Vacant Housing Units | 574 ( 2.6%) |
| Median Home Value | $591,653 |
| Average Home Value | $586,415 |
Housing Distribution
Address Breakdown
Residential
20,849
Single Family
19,766
Multi-Family
1,083
Businesses
937
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Listed by: Martina Diaz • Coldwell Banker West
Mls Name: CRMLS
Mls ID: #PTP2600366