29579 Cara WayTemeculaCA92591
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 29579 Cara Way, Temecula, CA, 92591 in Temecula at $450,000 earns $3,385/mo in rent and nets $51/mo after the $2,023/mo payment, a 9.03% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $124,327 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $4,145/yr in principal paydown, total projected return reaches $209,340.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.0% |
| Monthly Cash Flow | $51 | $300 |
City averages based on Temecula market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,385 |
| Total Monthly Debt Service | $2,605 |
| DSCR Ratio | 1.30x |
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 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92591, Temecula, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,925 (100%) |
| Owner Occupied HU | 9,864 (61.9%) |
| Renter Occupied HU | 5,341 (33.5%) |
| Vacant Housing Units | 720 ( 4.5%) |
| Median Home Value | $682,401 |
| Average Home Value | $736,482 |
Housing Distribution
Address Breakdown
Residential
15,275
Single Family
12,346
Multi-Family
2,929
Businesses
979
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 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92591, Temecula, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,925 (100%) |
| Owner Occupied HU | 9,864 (61.9%) |
| Renter Occupied HU | 5,341 (33.5%) |
| Vacant Housing Units | 720 ( 4.5%) |
| Median Home Value | $682,401 |
| Average Home Value | $736,482 |
Housing Distribution
Address Breakdown
Residential
15,275
Single Family
12,346
Multi-Family
2,929
Businesses
979
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elena Flores • Y Realty
Mls Name: CRMLS
Mls ID: #SW26031202