10889 Lamentin CtSan 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 10889 Lamentin Ct, San Diego, CA, 92124 with 5% annual appreciation on a $665,000 basis while $4,379/mo rent supports operations. Total monthly income totals $4,379/mo and a $3,255/mo payment preserves $265/mo for cash returns. Annual cash flow comes to $3,180/yr on $218,785 deployed, and return on cash invested reaches 21.51% in year one. Equity gained on principal adds $4,291/yr, and five-year appreciation sums $183,727 alongside rental yield of 7.9%. Five-year ROI measures 111.43% and total cumulative return in cash totals $243,787.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,379/mo property income versus a $3,255/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1977
N/A 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: Melissa Westfall • Opendoor Brokerage Inc.
Mls Name: SDMLS
Mls ID: #240027558