9250 Camino Del VerdeSanteeCA92071
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 9250 Camino Del Verde, Santee, CA, 92071 in Santee. Rental yield 5.32%. At $687,000 with 5.32% gross yield, current distributions are modest, but the 5% appreciation rate projects $189,805 in new equity by year five, complemented by $6,327/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.99) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $182,861.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 5.0% |
| Monthly Cash Flow | $(1,207) | $1,500 |
City averages based on Santee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,043 |
| Total Monthly Debt Service | $3,977 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1988
N/A 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
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
Condo
Built in 1988
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Twanda Turner • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls ID: #250040520