7703 Cassia AveRiversideCA92504
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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 7703 Cassia Ave, Riverside, CA, 92504 generates $4,018/mo in rent and, after a $2,932/mo payment, leaves $312/mo in cash flow. Total monthly income is $4,018/mo, and annual cash flow is $3,747/yr on $197,071 invested. Return on cash invested sits at 21.96% in year one, and rental yield is 8.05% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 113.83% and total cumulative return in cash sums $224,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,018/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92504, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,519 (100%) |
| Owner Occupied HU | 10,381 (59.3%) |
| Renter Occupied HU | 6,516 (37.2%) |
| Vacant Housing Units | 622 ( 3.6%) |
| Median Home Value | $611,591 |
| Average Home Value | $635,709 |
Housing Distribution
Address Breakdown
Residential
17,408
Single Family
14,345
Multi-Family
3,063
Businesses
1,048
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Listed by: Bruce Mooberry • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #219139373DA