12650 Lakeshore Dr UNIT 113LakesideCA92040
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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 Lakeside at 12650 Lakeshore Dr UNIT 113, Lakeside, CA, 92040 uses $142,214 cash to close to unlock $2,758/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $2,884/mo, and a $2,100/mo payment keeps the spread at $230/mo. Purchase price stands at $429,000, and rental yield measures 8.07% with $2,884/mo rent. Return on cash invested shows 21.85% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 113.23% and total cumulative return in cash records $161,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,884/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92040, Lakeside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,189 (100%) |
| Owner Occupied HU | 10,150 (62.7%) |
| Renter Occupied HU | 5,457 (33.7%) |
| Vacant Housing Units | 582 ( 3.6%) |
| Median Home Value | $781,088 |
| Average Home Value | $792,534 |
Housing Distribution
Address Breakdown
Residential
15,720
Single Family
13,953
Multi-Family
1,767
Businesses
793
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Listed by: Jeffrey Nix • Redfin Corporation
Mls Name: SDMLS
Mls ID: #250045096