940 Dryden DrLake ElsinoreCA92530
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 940 Dryden Dr, Lake Elsinore, CA, 92530 in Lake Elsinore is a conservative rental investment at $633,990. Rental yield 6.75%. A 1.25 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $175,160; $5,839/yr in principal paydown supplements. Total projected return: $209,950.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 7.0% |
| Monthly Cash Flow | $(482) | $250 |
City averages based on Lake Elsinore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,564 |
| Total Monthly Debt Service | $3,794 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
8,130 sqft lot
$N/A/sqft
$124 monthly 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
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
Single Family
Built in 2024
8,130 sqft lot
$N/A/sqft
$124 monthly 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