700 Ash StRamonaCA92065
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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
Investment property for sale in Ramona at 700 Ash St, Ramona, CA, 92065 offers a 9.96% rental yield on a $599,000 purchase with $4,970/mo rent. Total monthly income registers $4,970/mo, and a $2,932/mo payment leaves $1,264/mo available for distribution. Annual cash flow reaches $15,171/yr on $197,071 to close, and return on cash invested stands at 27.76% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 144.91% and total cumulative return in cash at $285,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,970/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
4.35 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: Polly Savage • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #NDP2506871