8748 Mesa Oak DrRiversideCA92508
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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 8748 Mesa Oak Dr, Riverside, CA, 92508 uses $220,430 cash to close to unlock $3,991/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $4,477/mo, and a $3,279/mo payment keeps the spread at $333/mo. Purchase price stands at $670,000, and rental yield measures 8.02% with $4,477/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $185,109 over five years. Five-year ROI reaches 113.33% and total cumulative return in cash records $249,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,477/mo property income covering a $3,279/mo payment rather than investor’s personal income.
Single Family
Built in 1990
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92508, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,504 (100%) |
| Owner Occupied HU | 8,222 (78.3%) |
| Renter Occupied HU | 2,068 (19.7%) |
| Vacant Housing Units | 214 ( 2.0%) |
| Median Home Value | $679,177 |
| Average Home Value | $726,401 |
Housing Distribution
Address Breakdown
Residential
10,397
Single Family
9,759
Multi-Family
638
Businesses
412
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Listed by: ANDREA JENNINGS • RE/MAX HORIZON
Mls Name: CRMLS
Mls ID: #IV25263496