862 Dryden DrLake ElsinoreCA92530
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lake Elsinore at 862 Dryden Dr, Lake Elsinore, CA, 92530 priced at $645,990 converts $4,103/mo rent into $107/mo cash flow after a $3,162/mo obligation. Total monthly income equals $4,103/mo, and annual cash flow totals $1,279/yr on $212,531 invested. Return on cash invested prints 20.66% in year one, and rental yield reads 7.62% against a $645,990 entry. Equity gained on principal adds $4,168/yr, while 5% annual appreciation compiles into $178,475 by year five. Five-year ROI reaches 106.85% and total cumulative return in cash sums $227,079. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,103/mo property income covering a $3,162/mo payment, not borrower’s personal income.
Single Family
Built in 2025
9,328 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92530, Lake Elsinore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,602 (100%) |
| Owner Occupied HU | 12,181 (62.1%) |
| Renter Occupied HU | 6,569 (33.5%) |
| Vacant Housing Units | 852 ( 4.3%) |
| Median Home Value | $565,012 |
| Average Home Value | $584,170 |
Housing Distribution
Address Breakdown
Residential
18,298
Single Family
17,734
Multi-Family
564
Businesses
1,161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PATRICIA MARTINEZ • KB HOME
Mls Name: CRMLS
Mls ID: #IV26002758