8515 Gardena RdLakesideCA92040
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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 Lakeside at 8515 Gardena Rd, Lakeside, CA, 92040 uses $222,075 cash to close to unlock $3,673/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $4,482/mo, and a $3,304/mo payment keeps the spread at $306/mo. Purchase price stands at $675,000, and rental yield measures 7.97% with $4,482/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 112.5% and total cumulative return in cash records $249,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,482/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 1961
10,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92040, Lakeside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,189 (100%) |
| Owner Occupied HU | 10,150 (62.7%) |
| Renter Occupied HU | 5,457 (33.7%) |
| Vacant Housing Units | 582 ( 3.6%) |
| Median Home Value | $781,088 |
| Average Home Value | $792,534 |
Housing Distribution
Address Breakdown
Residential
15,720
Single Family
13,953
Multi-Family
1,767
Businesses
793
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Listed by: Renee Fitzgerald • Keller Williams-OC Coastal
Mls Name: CRMLS
Mls ID: #NDP2600848