ZIP CODE 92503 // RIVERSIDE-SAN BERNARDINO-ONTARIO, CA // DATA AS OF 2026-09-30
Riverside, CA (92503) Rental Property Cap Rate & Cash Flow Report
Located in Riverside County (Riverside, CA), Zip Code 92503 ranks #326 of 500 within this selected sample (35th percentile) with a Zillow ZHVI typical home-value index of $632,547 (+0.5% YoY) and a ZORI observed market rent of $2,388/mo (+3.0% YoY). Requires at least 64.0% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,759/mo
Annual: -$21,105/yr
Modeled Cap Rate
2.73%
NOI: $17,277/yr
Cash-on-Cash Return
-14.51%
Cash Needed: $145,486
1% Rule Ratio
0.38%
Gross Yield: 4.53%
Break-Even Rent
$4,410/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 92503 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$3,199/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$948/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (92503)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $540,418 | $2,004/mo | 4.45% |
| 2022 | $609,607 | $2,209/mo | 4.35% |
| 2023 | $611,629 | $2,226/mo | 4.37% |
| 2024 | $651,785 | $2,259/mo | 4.16% |
| 2025 | $629,569 | $2,319/mo | 4.42% |
| 2026 | $632,547 | $2,388/mo | 4.53% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 95023 Hollister, CA | $755,869 | $2,872/mo | 2.76% | -$2,086/mo |
| 91761 Ontario, CA | $679,091 | $2,587/mo | 2.77% | -$1,868/mo |
| 91702 Azusa, CA | $706,003 | $2,625/mo | 2.67% | -$1,998/mo |
| 92562 Murrieta, CA | $682,664 | $2,535/mo | 2.67% | -$1,935/mo |
| 92324 Colton, CA | $500,440 | $1,929/mo | 2.81% | -$1,357/mo |
| 92404 San Bernardino, CA | $484,999 | $1,791/mo | 2.65% | -$1,383/mo |