Riverside, CA — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.3%
Below average
Monthly Cash Flow
-$1,674
After all expenses
Price-to-Rent
16.4
Overpriced for rent
DSCR
0.52
Fails
📊 Key Metrics
- Median Home Price
- $607,349
- Average Rent (3BR)
- $2,890/mo
- Price-to-Rent Ratio
- 16.4(high)
- 1% Rule
- 0.51%(fails — need 1%+)
- Cash-on-Cash Return
- -13.4%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
+1,802 households
GROWING
Total Inflow
839,940
households moved in
Avg Income (New Residents)
$69,261
per household
Where they're coming from:
1.San Bernardino Non-migrants, CA796,652 households · avg $69,679
2.Los Angeles, CA20,446 households · avg $63,209
3.Riverside, CA10,126 households · avg $55,032
4.Orange, CA3,786 households · avg $76,968
5.San Diego, CA1,344 households · avg $60,829
Where residents are leaving to:
1.San Bernardino Non-migrants, CA796,652 households
2.Riverside, CA11,769 households
3.Los Angeles, CA11,102 households
4.Orange, CA3,291 households
5.Clark, NV1,786 households
💡 Strong net inflow suggests growing rental demand and upward pressure on rents.
🏘️ Best Zip Codes in Riverside for Investors
All Zip Codes in Riverside
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 93562 | 29.3% | +$1,296 | $68,032 | $2,140/mo | 4.58 |
| 92365 | 7.3% | +$179 | $233,861 | $2,140/mo | 1.14 |
| 92317 | 5.0% | -$460 | $385,769 | $2,610/mo | 0.78 |
| 92505 | 3.6% | -$1,487 | $636,779 | $3,420/mo | 0.56 |
| 92508 | 3.5% | -$1,839 | $768,172 | $4,070/mo | 0.55 |
| 92507 | 3.1% | -$1,670 | $610,385 | $2,980/mo | 0.49 |
| 92504 | 3.0% | -$1,678 | $604,314 | $2,920/mo | 0.48 |
| 92503 | 2.7% | -$1,961 | $638,997 | $2,860/mo | 0.42 |
| 92501 | 2.6% | -$1,777 | $564,194 | $2,470/mo | 0.41 |
| 92506 | 2.4% | -$2,347 | $705,954 | $2,940/mo | 0.38 |