Plan 2874 Plan, Crimson HillsLake ElsinoreCA92532
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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 Lake Elsinore at Plan 2874 Plan, Crimson Hills, Lake Elsinore, CA, 92532 with 5% annual appreciation on a $745,010 basis while $7,237/mo rent supports operations. Total monthly income totals $7,237/mo and a $3,646/mo payment preserves $2,629/mo for cash returns. Annual cash flow comes to $31,544/yr on $245,108 deployed, and return on cash invested reaches 32.93% in year one. Equity gained on principal adds $4,807/yr, and five-year appreciation sums $205,833 alongside rental yield of 11.66%. Five-year ROI measures 172.63% and total cumulative return in cash totals $423,119.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,237/mo property income versus a $3,646/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92532, Lake Elsinore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,273 (100%) |
| Owner Occupied HU | 6,172 (74.6%) |
| Renter Occupied HU | 1,840 (22.2%) |
| Vacant Housing Units | 261 ( 3.2%) |
| Median Home Value | $612,722 |
| Average Home Value | $629,523 |
Housing Distribution
Address Breakdown
Residential
7,922
Single Family
7,573
Multi-Family
349
Businesses
217
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Listed by: N/A • KB Home
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A