23509 Barona Mesa RdRamonaCA92065
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
Investment Highlights
Investment property for sale in Ramona at 23509 Barona Mesa Rd, Ramona, CA, 92065 listed at $849,000 pairs $5,552/mo rent with a $4,155/mo payment to leave $300/mo cash flow. Total monthly income runs $5,552/mo, and annual cash flow reaches $3,604/yr on $279,321 cash to close. Return on cash invested measures 21.35% in year one, and rental yield registers 7.85% at a $849,000 basis. Equity gained on principal adds $5,478/yr, and annual property appreciation at 5% supports $234,563 by year five. Five-year ROI tracks 110.54% and total cumulative return in cash totals $308,756. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,552/mo property income relative to a $4,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LuAnn Pollett • TC Real Estate, Inc
Mls Name: CRMLS
Mls ID: #NDP2510302