9885 Caspi Gardens Dr UNIT 7SanteeCA92071
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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 9885 Caspi Gardens Dr UNIT 7, Santee, CA, 92071 uses $189,142 cash to close to unlock $14,657/yr annual cash flow and $1,221/mo monthly cash flow. Total monthly income runs $5,028/mo, and a $2,814/mo payment keeps the spread at $1,221/mo. Purchase price stands at $574,900, and rental yield measures 10.5% with $5,028/mo rent. Return on cash invested shows 27.81% in year one, and 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 145.76% and total cumulative return in cash records $275,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,028/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$250 monthly 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: Marty Orgel • Orgel Realty & Mortgage Co
Mls Name: SDMLS
Mls Provider:
Mls ID: #240018783
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