7321 Alder Grove WayRiversideCA92507
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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
Investment property for sale in Riverside at 7321 Alder Grove Way, Riverside, CA, 92507 with 5% annual appreciation on a $456,990 basis while $2,446/mo rent supports operations. 89% in year one. Equity gained on principal adds $2,949/yr, and five-year appreciation sums $126,258 alongside rental yield of 6.42%. Five-year ROI measures 86.64% and total cumulative return in cash totals $131,260. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,446/mo property income versus a $2,237/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92507, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,739 (100%) |
| Owner Occupied HU | 8,330 (35.1%) |
| Renter Occupied HU | 13,515 (56.9%) |
| Vacant Housing Units | 1,894 ( 8.0%) |
| Median Home Value | $607,258 |
| Average Home Value | $625,569 |
Housing Distribution
Address Breakdown
Residential
21,178
Single Family
13,513
Multi-Family
7,665
Businesses
2,260
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Listed by: Todd Myatt • Century 21 Masters
Mls Name: CRMLS
Mls ID: #SW25155673