For SaleRisky Deal15 days on market
29088 Overboard Dr
29088 Overboard Dr, Menifee, CA 92585, Menifee, CA 92585
$550,000
Estimate®:$549,400
Listing Price
29088 Overboard Dr, Menifee, CA 92585
Loc: Menifee, CA
Days Listed
15
Tax Assessed
$541k
Estimate®
$549k
Market Rate
Lot Size
5,227 sqft
Rent Estimate
$2,998/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
Mesa View Elementary School
K-5
0.4 mi away
3
Ethan A Chase Middle School
6-8
0.8 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-stylestucco exteriorbrick accentstiled roofattached garagesingle-storymanicured landscapingtwilight settingsuburbanwell-maintainedpaved drivewaycontemporary
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.70%
Total ROI
39.3%
Cash Flow
$-1,158/mo
DSCR
0.59
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,158/mo net cash flow with a 3.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Menifee, 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 |
|---|---|---|---|
| 2026-09-09 | Listed for sale | $550,000 | $333 |
| 2025-05-15 | Sold | $530,000 | $321 |
| 2025-04-07 | Pending sale | $544,900 | $330 |
| 2006-02-10 | Sold | $370,500 | $225 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $540,600 |
| 2025 | $0 | $514,698 |
| 2024 | $8,861.32 | $504,607 |
| 2023 | $8,794.64 | $494,713 |
| 2022 | $8,365.52 | $458,686 |
| 2021 | $7,489.68 | $388,717 |
| 2020 | $6,942.9 | $347,069 |
| 2019 | $6,681.14 | $336,960 |
| 2018 | $6,318.8 | $324,000 |
| 2017 | $6,157.4 | $312,000 |
| 2016 | $6,157.4 | $285,000 |
| 2015 | $5,488.24 | $260,000 |
| 2014 | $5,295.58 | $249,000 |
| 2013 | $0 | $183,000 |
| 2012 | $0 | $159,000 |
| 2011 | $0 | $166,000 |
| 2010 | $0 | $183,000 |
| 2009 | $0 | $171,000 |
| 2008 | $0 | $280,000 |
| 2007 | $0 | $384,184 |
| 2006 | $0 | $203,728 |
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