OFF_MARKETNeutral Deal5 days on market

15110 Wavecrest Dr

15110 Wavecrest Dr, Lake Elsinore, CA 92530, Lake Elsinore, CA 92530
$499,999
Zestimate®:$532,000$32,001 Under Market

Listing Price

Property image 1
15110 Wavecrest Dr, Lake Elsinore, CA 92530
Loc: Lake Elsinore, CA
Days Listed
5
Tax Assessed
$211k
Zestimate®
$532k
6% Under Valued
Lot Size
0.27 acres
Rent Estimate
$2,910/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.

4

Withrow Elementary School

K-5
1.1 mi away
2

Terra Cotta Middle School

6-8
1.8 mi away
4

Lakeside High School

9-12
0.4 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
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.37%
Total ROI
16.5%
Cash Flow
$-289/mo
DSCR
0.89
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-14Sold$530,000$422
2026-05-01Pending sale$499,999$398
2026-04-28Contingent$499,999$398
2026-04-24Listed for sale$499,999$398
2002-02-22Sold$140,000$111
2000-04-27Sold$118,500$94

Tax History

YearProperty TaxTax Assessment
2026$0$210,925
2025$2,303.66$206,790
2024$2,204.34$202,736
2023$2,177.42$198,762
2022$2,136.5$194,866
2021$2,096.42$191,046
2020$2,076.14$189,088
2019$2,037.76$185,382
2018$2,000.12$181,748
2017$1,963.22$178,185
2016$1,963.22$174,693
2015$1,873.5$172,070
2014$1,813.12$168,702
2013$0$144,000
2012$0$139,000
2011$0$105,000
2010$0$105,000
2009$0$134,000
2008$0$157,451
2007$0$154,365
2006$0$151,340
2005$0$148,374
2003$0$142,800
2002$0$123,807
2001$1,289.38$121,380
2000$1,176.84$110,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,257
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: $499,999Rent Basis: Observed Comp Model ($2,910/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $250/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.46%

NOI: $22,306/yr

Cash-on-Cash Yield
-7.7%

On $115,000 invested

DSCR Ratio
0.72x

Negative debt coverage

5-Yr Leveraged ROI
+55.8%

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)-$132/mo
Homeowner / Hazard Insurance-$250/mo
Vacancy Reserve (5% of rent)-$146/mo
Repairs & Maintenance (10% of rent)-$291/mo
Property Management (8% of rent)-$233/mo
Total Pure Operating Expenses-$1,051/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,910/mo
Less: Operating Expenses-$1,051/mo
Net Operating Income (NOI)+$1,859/mo
Less: Debt Service (30yr @ 6.75%)-$2,594/mo
Net Cash Flow
$-736/mo
$-8,826/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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