716 Periwinkle LnPerrisCA92571
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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 Perris at 716 Periwinkle Ln, Perris, CA, 92571 priced at $499,000 converts $2,516/mo rent into after a $2,442/mo obligation. Total monthly income equals $2,516/mo. Return on cash invested prints 15.77% in year one, and rental yield reads 6.05% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 80.65% and total cumulative return in cash sums $133,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,516/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1989
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92571, Perris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,967 (100%) |
| Owner Occupied HU | 10,213 (68.2%) |
| Renter Occupied HU | 4,445 (29.7%) |
| Vacant Housing Units | 309 ( 2.1%) |
| Median Home Value | $522,193 |
| Average Home Value | $539,599 |
Housing Distribution
Address Breakdown
Residential
14,179
Single Family
13,530
Multi-Family
649
Businesses
533
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Listed by: Anthony Ontiveros • VIP RE Firm
Mls Name: CRMLS
Mls ID: #DW25275292