For SaleRisky Deal27 days on market
3946 Shelby Dr
3946 Shelby Dr, Riverside, CA 92504, Riverside, CA 92504
$537,900
Estimate®:$540,500$2,600 Under Market
Listing Price
3946 Shelby Dr, Riverside, CA 92504
Loc: Riverside, CA
Days Listed
27
Tax Assessed
$595k
Estimate®
$541k
0% Under Valued
Lot Size
6,970 sqft
Rent Estimate
$2,911/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
Monroe Elementary School
K-6
0.2 mi away
5
Chemawa Middle School
7-8
0.4 mi away
5
Ramona High School
9-12
1.2 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 storystucco exteriorattached garageconcrete drivewaylandscaped front yardtraditional suburbanlow pitched roofresidentialpalm treesasphalt shingle roofAmerican flagcozy aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.57%
Total ROI
36.5%
Cash Flow
$-1,191/mo
DSCR
0.57
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,191/mo net cash flow with a 3.6% 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 |
|---|---|---|---|
| 2026-09-22 | Price change | $537,900 | $494 |
| 2026-08-20 | Listed for sale | $579,900 | $533 |
| 2022-07-10 | Listing removed | $0 | – |
| 2022-07-06 | Listed for rent | $2,500 | $2 |
| 2022-06-15 | Sold | $550,000 | $506 |
| 2022-04-29 | Pending sale | $570,000 | $524 |
| 2022-04-24 | Listed for sale | $570,000 | $524 |
| 2022-04-01 | Sold | $519,500 | $477 |
| 2019-11-20 | Sold | $365,000 | $335 |
| 2019-09-27 | Pending sale | $369,900 | $340 |
| 2019-09-26 | Price change | $369,900 | $340 |
| 2019-09-20 | Price change | $374,900 | $345 |
| 2019-09-10 | Price change | $379,900 | $349 |
| 2019-09-03 | Listed for sale | $384,900 | $354 |
| 2016-02-25 | Listing removed | $1,595 | $1 |
| 2016-02-19 | Listed for rent | $1,595 | $1 |
| 2014-09-02 | Listing removed | $1,495 | $1 |
| 2014-08-03 | Listed for rent | $1,495 | $1 |
| 2004-03-23 | Sold | $215,000 | $198 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $595,336 |
| 2025 | $6,542.74 | $583,663 |
| 2024 | $6,327.8 | $572,220 |
| 2023 | $6,300.18 | $561,000 |
| 2022 | $4,172.24 | $376,155 |
| 2021 | $4,119.14 | $368,781 |
| 2020 | $4,165.64 | $365,000 |
| 2019 | $2,682.14 | $232,236 |
| 2018 | $2,630.54 | $227,684 |
| 2017 | $2,584.4 | $223,220 |
| 2016 | $2,584.4 | $218,844 |
| 2015 | $2,386.04 | $215,559 |
| 2014 | $2,363.46 | $211,338 |
| 2013 | $0 | $174,000 |
| 2012 | $0 | $168,000 |
| 2011 | $0 | $149,000 |
| 2010 | $0 | $122,000 |
| 2009 | $0 | $135,000 |
| 2008 | $0 | $232,720 |
| 2007 | $0 | $228,158 |
| 2006 | $0 | $223,686 |
| 2005 | $0 | $219,300 |
| 2003 | $0 | $39,960 |
| 2002 | $0 | $39,178 |
| 2001 | $363.3 | $38,411 |
| 2000 | $356.06 | $37,659 |
Similar Properties Nearby
Explore other investment opportunities in Riverside.