886 Rio Mesa CirSan MiguelCA93451
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 886 Rio Mesa Cir, San Miguel, CA, 93451 in San Miguel is listed at $619,500 and delivers $4,163/mo in rent and $330/mo in net monthly cash flow. The 8.06% yield and 1.49 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $171,156 over five years, and $5,706/yr in principal reduction supplements cash return. Total projected cumulative return: $256,168.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $330 | $1,000 |
City averages based on San Miguel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,163 |
| Total Monthly Debt Service | $3,586 |
| DSCR Ratio | 1.16x |
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.
Single Family
Built in 2017
3,584 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93451, San Miguel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,697 (100%) |
| Owner Occupied HU | 1,019 (60.0%) |
| Renter Occupied HU | 522 (30.8%) |
| Vacant Housing Units | 156 ( 9.2%) |
| Median Home Value | $486,066 |
| Average Home Value | $693,408 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
59
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
Single Family
Built in 2017
3,584 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93451, San Miguel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,697 (100%) |
| Owner Occupied HU | 1,019 (60.0%) |
| Renter Occupied HU | 522 (30.8%) |
| Vacant Housing Units | 156 ( 9.2%) |
| Median Home Value | $486,066 |
| Average Home Value | $693,408 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ty Christensen • Webber-Nelson Real Estate, Inc
Mls Name: CRMLS
Mls ID: #NS25220504