6958 Goodview AveRiversideCA92506
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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 6958 Goodview Ave, Riverside, CA, 92506 generates $3,474/mo in rent, after a $2,912/mo payment. Total monthly income is $3,474/mo. Return on cash invested sits at 18.79% in year one, and rental yield is 7.01% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 96.83% and total cumulative return in cash sums $189,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,474/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92506, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,600 (100%) |
| Owner Occupied HU | 11,872 (71.5%) |
| Renter Occupied HU | 4,269 (25.7%) |
| Vacant Housing Units | 459 ( 2.8%) |
| Median Home Value | $690,577 |
| Average Home Value | $750,322 |
Housing Distribution
Address Breakdown
Residential
16,241
Single Family
15,487
Multi-Family
754
Businesses
1,263
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Listed by: Christian Diaz • RAD Real Estate Co.
Mls Name: CRMLS
Mls ID: #OC25279778