161 Steffy 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 161 Steffy Rd, Ramona, CA, 92065 priced at $999,900 pairs $3,912/mo rent with after a $4,894/mo payment. Total monthly income equals $3,912/mo. Return on cash invested is 11.77% in year one, and rental yield stands at 4.69% on a $999,900 basis. Equity gained on principal adds $6,452/yr, and 5% annual appreciation accumulates to $276,254 by year five. Five-year ROI measures 59.14% and total cumulative return in cash reaches $194,564. For financing, Ziffy Mortgage’s DSCR program evaluates $3,912/mo property income against a $4,894/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
N/A 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: Memo Cardona • Premier Agency Real Estate Inc.
Mls Name: SDMLS
Mls ID: #250034419