1537 H St SPACE 30RamonaCA92065
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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 Ramona at 1537 H St SPACE 30, Ramona, CA, 92065 offers a 9.03% rental yield on a $124,999 purchase with $941/mo rent. Total monthly income registers $941/mo, and a $612/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,011/yr on $41,437 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 128.91% and total cumulative return in cash at $53,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $941/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
7.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92065, Ramona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,104 (100%) |
| Owner Occupied HU | 9,395 (71.7%) |
| Renter Occupied HU | 3,225 (24.6%) |
| Vacant Housing Units | 484 ( 3.7%) |
| Median Home Value | $841,572 |
| Average Home Value | $884,246 |
Housing Distribution
Address Breakdown
Residential
12,387
Single Family
10,800
Multi-Family
1,587
Businesses
1,041
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Listed by: Andres Escobedo • eXp Realty of Southern CA
Mls Name: CRMLS
Mls ID: #NDP2510730