16048 Saddle Summit RdRamonaCA92065
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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
Rental property for sale in Ramona at 16048 Saddle Summit Rd, Ramona, CA, 92065 priced at $1,282,400 converts $5,711/mo rent into after a $6,277/mo obligation. Total monthly income equals $5,711/mo. Return on cash invested prints 13.38% in year one, and rental yield reads 5.34% against a $1,282,400 entry. Equity gained on principal adds $8,275/yr, while 5% annual appreciation compiles into $354,303 by year five. Five-year ROI reaches 67.92% and total cumulative return in cash sums $282,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,711/mo property income covering a $6,277/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1.51 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: N/A • N/A
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