OFF_MARKETRisky Deal7 days on market

16318 Sun Summit Dr

16318 Sun Summit Dr, Riverside, CA 92503, Riverside, CA 92503
$930,000
Zestimate®:$991,600$61,600 Under Market

Listing Price

Property image 1
16318 Sun Summit Dr, Riverside, CA 92503
Loc: Riverside, CA
Days Listed
7
Tax Assessed
$639k
Zestimate®
$992k
6% Under Valued
Lot Size
0.26 acres
Rent Estimate
$4,108/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

Lake Hills Elementary School

K-5
0.9 mi away
6

Ysmael Villegas Middle School

6-8
1.3 mi away
7

Hillcrest 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
4.08%
Total ROI
10.1%
Cash Flow
$-1,537/mo
DSCR
0.67
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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
2026-07-15Sold$990,000$366
2026-06-25Pending sale$930,000$344
2026-06-17Listed for sale$930,000$344
2016-11-10Sold$540,000$200
2016-09-19Listed for sale$549,900$203
2016-08-04Listing removed$549,999$203
2016-05-13Price change$549,999$203
2016-04-20Listed for sale$575,000$213
2013-02-28Sold$430,000$159
2012-10-03Sold$340,000$126
1998-08-31Sold$265,000$98
1995-10-25Sold$113,000$42

Tax History

YearProperty TaxTax Assessment
2026$0$639,242
2025$7,763.32$626,709
2024$7,516.96$614,421
2023$7,380.56$602,375
2022$6,926.56$590,565
2021$6,783.4$578,987
2020$6,671.42$573,051
2019$6,582.72$561,816
2018$6,487.96$550,800
2017$6,366.16$540,000
2016$6,366.16$447,296
2015$5,222.84$440,580
2014$5,423.5$431,951
2013$0$340,000
2012$0$340,534
2011$0$333,858
2010$0$331,364
2009$0$332,153
2008$0$325,641
2007$0$319,256
2006$0$312,997
2005$0$306,860
2003$0$295,332
2002$0$289,542
2001$4,281.96$283,866
2000$4,106.16$270,300
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
2,705
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: $930,000Rent Basis: Observed Comp Model ($4,108/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $465/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.97%

NOI: $27,584/yr

Cash-on-Cash Yield
-14.2%

On $213,900 invested

DSCR Ratio
0.48x

Negative debt coverage

5-Yr Leveraged ROI
+23.3%

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)-$400/mo
Homeowner / Hazard Insurance-$465/mo
Vacancy Reserve (5% of rent)-$205/mo
Repairs & Maintenance (10% of rent)-$411/mo
Property Management (8% of rent)-$329/mo
Total Pure Operating Expenses-$1,809/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,108/mo
Less: Operating Expenses-$1,809/mo
Net Operating Income (NOI)+$2,299/mo
Less: Debt Service (30yr @ 6.75%)-$4,826/mo
Net Cash Flow
$-2,527/mo
$-30,323/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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16318 Sun Summit Dr | Riverside, CA | Haven AI Analysis | Haven by ScoutHavens