8844 Morgan Trail DrRiversideCA92509
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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 8844 Morgan Trail Dr, Riverside, CA, 92509 generates $3,983/mo in rent, after a $3,549/mo payment. Total monthly income is $3,983/mo. Return on cash invested sits at 17.53% in year one, and rental yield is 6.59% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 90.07% and total cumulative return in cash sums $214,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,983/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
6,534 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: IRAN MARQUEZ-NAVA • COLDWELL BANKER TOWN & COUNTRY
Mls Name: CRMLS
Mls ID: #IV25161129