1420 Oribia RdDel MarCA92014
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1420 Oribia Rd, Del Mar, CA, 92014 in Del Mar. Priced at $650,000, it generates $6,858/mo in gross rent and $2,819/mo in net monthly cash flow, a 12.66% yield that comfortably supports the 2.35 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $33,823. Five-year appreciation: $179,583. Equity from principal paydown: $5,987/yr. Total projected cumulative return: $427,895.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 5.5% |
| Monthly Cash Flow | $2,819 | $2,500 |
City averages based on Del Mar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,858 |
| Total Monthly Debt Service | $3,781 |
| DSCR Ratio | 1.81x |
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.
Lot
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92014, Del Mar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,711 (100%) |
| Owner Occupied HU | 4,089 (60.9%) |
| Renter Occupied HU | 1,679 (25.0%) |
| Vacant Housing Units | 943 (14.1%) |
| Median Home Value | $1,992,909 |
| Average Home Value | $1,821,169 |
Housing Distribution
Address Breakdown
Residential
6,347
Single Family
5,271
Multi-Family
1,076
Businesses
1,144
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
Lot
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92014, Del Mar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,711 (100%) |
| Owner Occupied HU | 4,089 (60.9%) |
| Renter Occupied HU | 1,679 (25.0%) |
| Vacant Housing Units | 943 (14.1%) |
| Median Home Value | $1,992,909 |
| Average Home Value | $1,821,169 |
Housing Distribution
Address Breakdown
Residential
6,347
Single Family
5,271
Multi-Family
1,076
Businesses
1,144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices