For SaleRisky Deal8 days on market
2483 Rancho Dr
2483 Rancho Dr, Riverside, CA 92507, Riverside, CA 92507
$590,000
Estimate®:$592,600$2,600 Under Market
Listing Price
2483 Rancho Dr, Riverside, CA 92507
Loc: Riverside, CA
Days Listed
8
Tax Assessed
$471k
Estimate®
$593k
0% Under Valued
Lot Size
9,148 sqft
Rent Estimate
$3,317/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
Alcott Elementary School
K-6
0.8 mi away
5
Matthew Gage Middle School
7-8
2.1 mi away
6
Polytechnic High School
9-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storyexterior bricklong drivewaylarge front yardmature treesestablished landscapingresidentialsuburbanmid-century influencecovered porch entryneutral color palettetraditional roofline
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
4.00%
Total ROI
45.7%
Cash Flow
$-1,097/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,097/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Riverside, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $590,000 | $326 |
| 2017-06-15 | Sold | $398,000 | $220 |
| 2017-05-17 | Pending sale | $394,900 | $218 |
| 2017-05-09 | Listed for sale | $394,900 | $218 |
| 2013-01-24 | Sold | $265,000 | $146 |
| 2012-12-20 | Pending sale | $269,000 | $149 |
| 2012-12-11 | Listed for sale | $269,000 | $149 |
| 2012-10-25 | Sold | $175,000 | $97 |
| 2012-08-08 | Listed for sale | $189,900 | $105 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $471,145 |
| 2025 | $5,192.1 | $461,908 |
| 2024 | $5,022.02 | $452,852 |
| 2023 | $5,000.16 | $443,974 |
| 2022 | $4,908.18 | $435,269 |
| 2021 | $4,844.04 | $426,735 |
| 2020 | $4,807.52 | $422,360 |
| 2019 | $4,717.16 | $414,079 |
| 2018 | $4,625.38 | $405,960 |
| 2017 | $3,234.22 | $281,170 |
| 2016 | $3,234.22 | $275,657 |
| 2015 | $2,984.86 | $271,519 |
| 2014 | $2,956.86 | $266,202 |
| 2013 | $0 | $175,000 |
| 2012 | $0 | $47,331 |
| 2011 | $0 | $46,404 |
| 2010 | $0 | $46,059 |
| 2009 | $0 | $46,171 |
| 2008 | $0 | $45,267 |
| 2007 | $0 | $44,381 |
| 2006 | $0 | $43,512 |
| 2005 | $0 | $42,659 |
| 2003 | $0 | $41,058 |
| 2002 | $0 | $40,254 |
| 2001 | $444.92 | $39,466 |
| 2000 | $437.56 | $38,693 |
Similar Properties Nearby
Explore other investment opportunities in Riverside.