8655 Mission San Carlos Dr UNIT 70SanteeCA92071
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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 Santee at 8655 Mission San Carlos Dr UNIT 70, Santee, CA, 92071 earns $463/mo cash flow from $4,057/mo rent with a $2,844/mo payment. Total monthly income totals $4,057/mo, and annual cash flow totals $5,550/yr on $191,149 capital. ROI tracks 22.96% on current figures, and rental yield reads 8.38% at a $581,000 purchase. Equity gained on principal adds $3,749/yr, and 5% annual appreciation supports $160,520 over five years. Five-year ROI reaches 119.2% and total cumulative return in cash sums $227,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,057/mo property income instead of your personal income.
Condo
Built in 1985
2.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92071, Santee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,507 (100%) |
| Owner Occupied HU | 15,309 (68.0%) |
| Renter Occupied HU | 6,547 (29.1%) |
| Vacant Housing Units | 651 ( 2.9%) |
| Median Home Value | $754,687 |
| Average Home Value | $775,783 |
Housing Distribution
Address Breakdown
Residential
21,475
Single Family
19,574
Multi-Family
1,901
Businesses
1,335
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Listed by: Deborah Light • Parker Integrity
Mls Name: CRMLS
Mls ID: #HD25194165