9395 Harritt Rd SPACE 131LakesideCA92040
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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
Rental property for sale in Lakeside at 9395 Harritt Rd SPACE 131, Lakeside, CA, 92040 generates $2,169/mo in rent and, after a $1,517/mo payment, leaves $252/mo in cash flow. Total monthly income is $2,169/mo, and annual cash flow is $3,021/yr on $102,732 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 8.4% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 118.61% and total cumulative return in cash sums $121,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,169/mo property income rather than buyer’s personal income.
Manufactured
Built in 1976
4,000 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: Sarah Kreuz • Real Broker
Mls Name: CRMLS
Mls ID: #NDP2600323