7487 Eddy AveRiversideCA92509
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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 7487 Eddy Ave, Riverside, CA, 92509 earns $1,053/mo cash flow from $3,521/mo rent with a $1,953/mo payment. Total monthly income totals $3,521/mo, and annual cash flow totals $12,631/yr on $132,269 capital. ROI tracks 29.46% on current figures, and rental yield reads 10.59% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 154.05% and total cumulative return in cash sums $203,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,521/mo property income instead of your personal income.
Single Family
Built in 1956
6,970 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: David Robinson • INNOVA Realty Group
Mls Name: CRMLS
Mls ID: #SW25264173