OFF_MARKETRisky Deal6 days on market

26599 Sagewood Way

26599 Sagewood Way, Menifee, CA 92585, Menifee, CA 92585
$599,000
Zestimate®:$599,100$100 Under Market

Listing Price

Property image 1
26599 Sagewood Way, Menifee, CA 92585
Loc: Menifee, CA
Days Listed
6
Zestimate®
$599k
0% Under Valued
Lot Size
7,353 sqft
Rent Estimate
$3,458/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Boulder Ridge Elementary

K-5
2.2 mi away
2

Ethan A Chase Middle School

6-8
3.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Risky
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
4.83%
Total ROI
13.8%
Cash Flow
$-616/mo
DSCR
0.80
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

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Haven AI

From a conservative investment standpoint, 26599 Sagewood Way presents a significant liquidity challenge. While the Menifee market offers long-term growth potential and the 4-bedroom configuration is ideal for family rentals, the financial fundamentals are currently misaligned. A monthly negative cash flow of $615.67 translates to an annual out-of-pocket loss of nearly $7,400. The 4.83% gross yield is inadequate to cover debt service, taxes, and maintenance in the current interest rate environment. This property relies entirely on speculative 4% appreciation to achieve a positive total return, making it an 'appreciation play' rather than a sound cash-flowing asset. Conservative investors should avoid subsidizing a property's monthly carry.

Strengths
  • High-demand 4-bedroom, 3-bathroom configuration for suburban families
  • Menifee is a high-growth Inland Empire submarket with consistent demand
  • Relatively modern construction (2239 sqft) likely requires less immediate CAPEX
Considerations
  • Severe negative monthly cash flow of $615.67 creates a heavy financial drain
  • Gross rental yield of 4.83% is lower than many risk-free treasury yields
  • Investment success is overly dependent on consistent 4% annual appreciation
  • High carry cost increases vulnerability during periods of vacancy or market cooling
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-26Price change$599,000$268
2022-11-06Pending sale$539,990$241
2022-11-03Price change$539,990$241
2022-10-20Price change$549,990$246
2022-10-14Listed for sale$571,490$255
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,239
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $599,000Rent Basis: Observed Comp Model ($3,458/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $300/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.98%

NOI: $23,859/yr

Cash-on-Cash Yield
-9.8%

On $137,770 invested

DSCR Ratio
0.64x

Negative debt coverage

5-Yr Leveraged ROI
+45.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$374/mo
Homeowner / Hazard Insurance-$300/mo
Vacancy Reserve (5% of rent)-$173/mo
Repairs & Maintenance (10% of rent)-$346/mo
Property Management (8% of rent)-$277/mo
Total Pure Operating Expenses-$1,470/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,458/mo
Less: Operating Expenses-$1,470/mo
Net Operating Income (NOI)+$1,988/mo
Less: Debt Service (30yr @ 6.75%)-$3,108/mo
Net Cash Flow
$-1,120/mo
$-13,438/year
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26599 Sagewood Way | Menifee, CA | Haven AI Analysis | Haven by ScoutHavens