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A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Data provided by Haven AI. Disclaimer
From a conservative investment standpoint, this property is a 'cash-trap' characterized by severe negative cash flow of -$1,316.89 per month. At a 3.54% rental yield, the income generated fails to cover debt service and basic operating expenses, resulting in an annual out-of-pocket loss of approximately $15,800. While the Riverside market offers a stable 4% appreciation forecast, relying on equity growth to offset such significant monthly deficits is speculative rather than income-driven. This asset represents high liquidity risk, as the investor must heavily subsidize the mortgage, making it an unsuitable choice for those seeking traditional cash-flowing real estate yields.
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-20 | Listed for sale | $625,000 | $408 |
| 2022-07-11 | Sold | $612,500 | $400 |
| 2022-06-15 | Pending sale | $569,999 | $373 |
| 2022-06-15 | Listed for sale | $569,999 | $373 |
| 2009-04-23 | Sold | $207,000 | $135 |
| 2009-01-22 | Price change | $199,900 | $131 |
| 2008-12-11 | Listed for sale | $224,900 | $147 |
| 2008-08-13 | Sold | $392,611 | $257 |
| 2006-05-04 | Sold | $463,500 | $303 |
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,244.66 | $636,852 |
| 2024 | $6,906.78 | $624,366 |
| 2023 | $6,847.16 | $612,125 |
| 2022 | $2,975.48 | $251,175 |
| 2021 | $2,944.28 | $246,251 |
| 2020 | $2,913.48 | $243,727 |
| 2019 | $2,861.78 | $238,949 |
| 2018 | $2,777.18 | $234,265 |
| 2017 | $2,744.06 | $229,672 |
| 2016 | $2,744.06 | $225,170 |
| 2015 | $2,672.22 | $221,789 |
| 2014 | $2,497.38 | $217,446 |
| 2013 | $0 | $216,466 |
| 2012 | $0 | $201,000 |
| 2011 | $0 | $197,000 |
| 2010 | $0 | $186,810 |
| 2009 | $0 | $230,000 |
| 2008 | $0 | $358,000 |
| 2007 | $0 | $472,474 |
| 2006 | $0 | $79,459 |
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $17,959/yr
On $143,750 invested
Negative debt coverage
Equity + cumulative cash
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