12702 Metate LnPowayCA92064
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $675,000, 12702 Metate Ln, Poway, CA, 92064 in Poway generates $4,286/mo in rent (7.62% yield) but nets only $110/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.41) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $186,490. Total projected return: $263,088.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $110 | $350 |
City averages based on Poway market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,286 |
| Total Monthly Debt Service | $3,907 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92064, Poway, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,268 (100%) |
| Owner Occupied HU | 12,483 (72.3%) |
| Renter Occupied HU | 4,052 (23.5%) |
| Vacant Housing Units | 733 ( 4.2%) |
| Median Home Value | $1,066,830 |
| Average Home Value | $1,180,389 |
Housing Distribution
Address Breakdown
Residential
16,771
Single Family
14,690
Multi-Family
2,081
Businesses
1,525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92064, Poway, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,268 (100%) |
| Owner Occupied HU | 12,483 (72.3%) |
| Renter Occupied HU | 4,052 (23.5%) |
| Vacant Housing Units | 733 ( 4.2%) |
| Median Home Value | $1,066,830 |
| Average Home Value | $1,180,389 |
Housing Distribution
Address Breakdown
Residential
16,771
Single Family
14,690
Multi-Family
2,081
Businesses
1,525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine D'Agostini-Vozza • Southwestern Mortgage
Mls Name: SDMLS
Mls ID: #250034640