9391 California Ave SPACE 93RiversideCA92503
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
Investment property for sale in Riverside at 9391 California Ave SPACE 93, Riverside, CA, 92503 uses $79,527 cash to close to unlock $2,582/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,699/mo, and a $1,174/mo payment keeps the spread at $215/mo. Purchase price stands at $239,900, and rental yield measures 8.5% with $1,699/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 120.3% and total cumulative return in cash records $95,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,699/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92503, Riverside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,185 (100%) |
| Owner Occupied HU | 17,443 (61.9%) |
| Renter Occupied HU | 9,973 (35.4%) |
| Vacant Housing Units | 769 ( 2.7%) |
| Median Home Value | $622,831 |
| Average Home Value | $668,541 |
Housing Distribution
Address Breakdown
Residential
26,748
Single Family
22,884
Multi-Family
3,864
Businesses
2,258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judith Shumaker • Janice Lynn Shumaker- Swanson,
Mls Name: CRMLS
Mls ID: #IG25234006