OFF_MARKETRisky Deal28 days on market

16488 Mountain St

16488 Mountain St, Lake Elsinore, CA 92530, Lake Elsinore, CA 92530
$599,999
Zestimate®:$596,400

Listing Price

Property image 1
16488 Mountain St, Lake Elsinore, CA 92530
Loc: Lake Elsinore, CA
Days Listed
28
Tax Assessed
$618k
Zestimate®
$596k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$3,736/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.

7

Rice Canyon Elementary School

K-5
0.4 mi away
2

Terra Cotta Middle School

6-8
0.3 mi away
4

Lakeside High School

9-12
2 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
4.18%
Total ROI
10.6%
Cash Flow
$-942/mo
DSCR
0.69
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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
2026-07-06Price change$4,100$2
2026-06-24Listed for rent$4,200$2
2023-08-11Sold$594,000$309
2023-07-11Pending sale$555,000$288
2023-07-05Listed for sale$555,000$288
2001-04-30Sold$187,200$97
1998-07-08Sold$145,000$75

Tax History

YearProperty TaxTax Assessment
2026$0$617,996
2025$6,514.08$605,879
2024$6,223.1$594,000
2023$2,860$272,258
2022$2,804.18$266,921
2021$2,749.46$261,688
2020$2,721.68$259,006
2019$2,669.08$253,928
2018$2,617.52$248,950
2017$2,566.98$244,070
2016$2,566.98$239,285
2015$2,443.46$235,693
2014$2,362.6$231,077
2013$0$230,035
2012$0$193,000
2011$0$201,000
2010$0$171,000
2009$0$195,000
2008$0$215,665
2007$0$211,437
2006$0$207,292
2005$0$203,229
2003$0$195,595
2002$0$191,760
2001$1,651.12$150,858
2000$1,623.42$147,900
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,924
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: $599,999Rent Basis: Observed Comp Model ($3,736/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $300/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.38%

NOI: $26,286/yr

Cash-on-Cash Yield
-8.0%

On $138,000 invested

DSCR Ratio
0.70x

Negative debt coverage

5-Yr Leveraged ROI
+54.1%

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)-$386/mo
Homeowner / Hazard Insurance-$300/mo
Vacancy Reserve (5% of rent)-$187/mo
Repairs & Maintenance (10% of rent)-$374/mo
Property Management (8% of rent)-$299/mo
Total Pure Operating Expenses-$1,546/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,736/mo
Less: Operating Expenses-$1,546/mo
Net Operating Income (NOI)+$2,190/mo
Less: Debt Service (30yr @ 6.75%)-$3,113/mo
Net Cash Flow
$-923/mo
$-11,074/year
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