10862 Caravelle PlSan DiegoCA92124
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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
Investment property for sale in San Diego at 10862 Caravelle Pl, San Diego, CA, 92124 listed at $629,000 pairs $4,028/mo rent with a $3,079/mo payment to leave $137/mo cash flow. Total monthly income runs $4,028/mo, and annual cash flow reaches $1,638/yr on $206,941 cash to close. Return on cash invested measures 20.85% in year one, and rental yield registers 7.68% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 107.87% and total cumulative return in cash totals $223,221. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,028/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
3.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92124, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 4,985 (43.0%) |
| Renter Occupied HU | 6,067 (52.3%) |
| Vacant Housing Units | 540 ( 4.7%) |
| Median Home Value | $917,735 |
| Average Home Value | $982,275 |
Housing Distribution
Address Breakdown
Residential
11,541
Single Family
8,390
Multi-Family
3,151
Businesses
197
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Listed by: Cheryl Marshall • Axia Real Estate Group, Inc
Mls Name: CRMLS
Mls ID: #PTP2509015