18557 Caminito Pasadero UNIT 389San DiegoCA92128
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 18557 Caminito Pasadero UNIT 389, San Diego, CA, 92128 in San Diego offers a clean, manageable entry. Rental yield 7.4%. DSCR 1.37 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $184,832 in additional property value over five years, with $6,162/yr in principal equity building ownership stake. Total projected cumulative return: $252,934.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.8% |
| Monthly Cash Flow | $(697) | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,127 |
| Total Monthly Debt Service | $3,872 |
| DSCR Ratio | 1.07x |
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.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92128, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,022 (100%) |
| Owner Occupied HU | 13,506 (64.2%) |
| Renter Occupied HU | 6,692 (31.8%) |
| Vacant Housing Units | 824 ( 3.9%) |
| Median Home Value | $937,973 |
| Average Home Value | $1,034,672 |
Housing Distribution
Address Breakdown
Residential
20,982
Single Family
14,404
Multi-Family
6,578
Businesses
1,072
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
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92128, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,022 (100%) |
| Owner Occupied HU | 13,506 (64.2%) |
| Renter Occupied HU | 6,692 (31.8%) |
| Vacant Housing Units | 824 ( 3.9%) |
| Median Home Value | $937,973 |
| Average Home Value | $1,034,672 |
Housing Distribution
Address Breakdown
Residential
20,982
Single Family
14,404
Multi-Family
6,578
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Liu • Keller Williams Realty
Mls Name: SDMLS
Mls ID: #260001397