16219 Skyridge Drive, Riverside, CA 92503

Located in the PRESTIGIOUS LAKE HILLS RESERVE Community with PANORAMIC VIEWS from the Backyard PRICED BELOW RECENT COMPS NEW INTERIOR PAINT NEW CARPET INSTALLED This is an EXPANSIVE Two Story Home for the GROWING Family with a LARGE Backyard and 3 Car Tandem Garage Enjoy this SPACIOUS Sprawling FloorPlan Offering 4094sqft with 4 LARGE Bedrooms Upstairs Loft and 4 FULL Bathrooms This Floor Plan offers a MAIN FLOOR Bedrooms and FULL Bathroom Terrific Island Kitchen with GRANITE SLAB CounterTops BackSplash Sleek BLACK Appliance Package including the Refrigerator WalkIn Pantry Breakfast Counter for the Kids Butlers Pantry and InKitchen Dining Area Extra Large Family Room with Cozy Fireplace Media Niche is PERFECT for Family Gatherings Separate FORMAL DINING ROOM and FORMAL LIVING ROOM Terrific Backyard with Covered Patio offers INCREDIBLE VIEWS of the Surrounding Hills and PLENTY of Room for the Kids to Play or add your Custom Pool SPACIOUS Master Bedroom Suite with PRIVATE BALCONY to Enjoy the Serene Views Separate Retreat with Romantic Fireplace AND Master Bathroom offers 2 Separate Vanities His Her Walkin Closets WalkIn Shower and OVERSIZED Garden Tub UPSTAIRS Loft is Great fir the Kids Playroom or Your Private InHome Office 3 Additional Nicely Appointed Bedrooms Super Convenient UPSTAIRS Laundry Room with Washer Dryer Included 3 CAR TANDEM Garage WONDERFUL Location is Minutes to Shopping Parks Schools DiningRestaurants EZ freeway Access and HOA Amenities Include Pool Spa Clubhouse

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.

It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.

The outlook for the rental real estate market in 92503 appears promising. With its strategic location in Riverside, California, this area offers attractive opportunities for investors. The demand for rental properties in the region has been steadily increasing due to its proximity to major employment centers, educational institutions, and recreational areas. The strong job market in Riverside County, coupled with a growing population, creates a robust rental market. Additionally, the area's affordable housing options compared to other parts of Southern California make it a desirable location for renters. As a result, rental property owners in 92503 can expect steady rental income and potential appreciation in property values. However, it is important for investors to stay mindful of the potential impacts of economic fluctuations and any changes in rental regulations that may affect the market dynamics in the future. Overall, the rental real estate market in 92503 shows promising prospects for investors seeking solid returns and long-term growth.

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