10429 Caminito RiminiSan DiegoCA92129
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in San Diego at 10429 Caminito Rimini, San Diego, CA, 92129 generates $3,158/mo in rent and, after a $2,227/mo payment, leaves $343/mo in cash flow. Total monthly income is $3,158/mo, and annual cash flow is $4,119/yr on $150,833 invested. Return on cash invested sits at 22.64% in year one, and rental yield is 8.33% on a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 117.5% and total cumulative return in cash sums $177,232. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,158/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92129, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,761 (100%) |
| Owner Occupied HU | 12,524 (66.8%) |
| Renter Occupied HU | 5,825 (31.0%) |
| Vacant Housing Units | 412 ( 2.2%) |
| Median Home Value | $1,020,421 |
| Average Home Value | $1,124,761 |
Housing Distribution
Address Breakdown
Residential
18,457
Single Family
16,658
Multi-Family
1,799
Businesses
290
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Listed by: Christina Mancera • Real Broker
Mls Name: SDMLS
Mls ID: #250039829