Residence Two Plan, Quartz Ranch : Canyon ViewMenifeeCA92584
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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 Menifee at Residence Two Plan, Quartz Ranch: Canyon View, Menifee, CA, 92584 priced at $718,990 converts $6,452/mo rent into $2,004/mo cash flow after a $3,519/mo obligation. Total monthly income equals $6,452/mo, and annual cash flow totals $24,052/yr on $236,548 invested. Return on cash invested prints 30.23% in year one, and rental yield reads 10.77% against a $718,990 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation compiles into $198,644 by year five. Five-year ROI reaches 158.15% and total cumulative return in cash sums $374,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,452/mo property income covering a $3,519/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92584, Menifee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,873 (100%) |
| Owner Occupied HU | 16,913 (77.3%) |
| Renter Occupied HU | 3,457 (15.8%) |
| Vacant Housing Units | 1,503 ( 6.9%) |
| Median Home Value | $612,119 |
| Average Home Value | $626,783 |
Housing Distribution
Address Breakdown
Residential
20,190
Single Family
19,638
Multi-Family
552
Businesses
334
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A