9227 Colorama WayLakesideCA92040
INVESTMENT ANALYSIS
Investment Verdict
Solid Income9227 Colorama Way, Lakeside, CA, 92040 in Lakeside is a solid income-producing rental, 9.07% gross yield, $5,399/mo rent, $982/mo net cash flow on a $714,000 buy. DSCR 1.68 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $197,265 and $6,576/yr in principal reduction project a total cumulative return of $333,903.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $982 | $200 |
City averages based on Lakeside market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,399 |
| Total Monthly Debt Service | $4,133 |
| DSCR Ratio | 1.31x |
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 1959
0.40 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
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 1959
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy Jenkins • Coldwell Banker West
Mls Name: CRMLS
Mls ID: #PTP2508812