OFF_MARKETRisky Deal5 days on market

26266 Redoak St

26266 Redoak St, Menifee, CA 92584, Menifee, CA 92584
$650,000
Zestimate®:$650,200$200 Under Market

Listing Price

Property image 1
26266 Redoak St, Menifee, CA 92584
Loc: Menifee, CA
Days Listed
5
Tax Assessed
$460k
Zestimate®
$650k
0% Under Valued
Lot Size
9,583 sqft
Rent Estimate
$3,809/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.

8

Evans Ranch Elementary School

K-5
1.3 mi away
7

Menifee Valley Middle School

6-8
0.3 mi away
N/A

Menifee Preschool

Elementary
1.3 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
5.29%
Total ROI
16.1%
Cash Flow
$-419/mo
DSCR
0.87
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Data provided by Haven AI. Disclaimer

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Haven AI

The property at 26266 Redoak St presents a challenging investment profile from a conservative standpoint. While Menifee is a growing market with a respectable 4% appreciation forecast, the immediate financials are problematic. A monthly negative cash flow of -$418.82 indicates that the asset will require significant out-of-pocket contributions to maintain, effectively making it a speculative play on equity growth rather than a stable income generator. The 5.29% rental yield is insufficient to cover debt service and operational expenses in the current interest rate environment. Without a substantial down payment to offset financing costs, this property poses a liquidity risk to the investor's portfolio.

Strengths
  • Located in Menifee, a high-growth suburban corridor in the Inland Empire
  • Consistent 4% projected annual appreciation provides a long-term equity cushion
  • Desirable 3-bed, 2-bath configuration is ideal for stable family tenants
  • Strong square footage at 1860 sqft suggests good marketability
Considerations
  • Negative monthly cash flow creates a perpetual drain on investor liquidity
  • Rental yield is too low to adequately cover mortgage, taxes, and insurance
  • Investment success is overly dependent on appreciation rather than fundamentals
  • High acquisition price relative to the local market's current rental ceiling
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-16Listed for sale$650,000$349
2019-05-09Sold$413,000$222

Tax History

YearProperty TaxTax Assessment
2025$6,183.36$460,163
2024$6,113.16$451,142
2023$6,137.2$442,297
2022$6,139.7$433,626
2021$6,112.46$425,125
2020$7,766.72$420,767
2019$0$40,079
2018$901.46$39,294
2017$957.48$38,524
2016$957.48$37,769
2015$698.92$37,202
2014$1,125.94$36,474
2013$0$36,310
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,860
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: $650,000Rent Basis: Observed Comp Model ($3,809/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $325/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.28%

NOI: $27,844/yr

Cash-on-Cash Yield
-8.4%

On $149,500 invested

DSCR Ratio
0.69x

Negative debt coverage

5-Yr Leveraged ROI
+52.0%

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)-$288/mo
Homeowner / Hazard Insurance-$325/mo
Vacancy Reserve (5% of rent)-$190/mo
Repairs & Maintenance (10% of rent)-$381/mo
Property Management (8% of rent)-$305/mo
Total Pure Operating Expenses-$1,489/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,809/mo
Less: Operating Expenses-$1,489/mo
Net Operating Income (NOI)+$2,320/mo
Less: Debt Service (30yr @ 6.75%)-$3,373/mo
Net Cash Flow
$-1,052/mo
$-12,629/year
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