10896 Caravelle PlSan DiegoCA92124
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 10896 Caravelle Pl, San Diego, CA, 92124 in San Diego at $583,000. Rental yield 6.75%. The 6.75% yield and 1.25 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $161,072 by year five, and $5,369/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $199,806.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.2% |
| Monthly Cash Flow | $(929) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,277 |
| Total Monthly Debt Service | $3,375 |
| DSCR Ratio | 0.97x |
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 1977
3.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92124, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 4,985 (43.0%) |
| Renter Occupied HU | 6,067 (52.3%) |
| Vacant Housing Units | 540 ( 4.7%) |
| Median Home Value | $917,735 |
| Average Home Value | $982,275 |
Housing Distribution
Address Breakdown
Residential
11,541
Single Family
8,390
Multi-Family
3,151
Businesses
197
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 1977
3.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92124, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 4,985 (43.0%) |
| Renter Occupied HU | 6,067 (52.3%) |
| Vacant Housing Units | 540 ( 4.7%) |
| Median Home Value | $917,735 |
| Average Home Value | $982,275 |
Housing Distribution
Address Breakdown
Residential
11,541
Single Family
8,390
Multi-Family
3,151
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Marshall • Axia Real Estate Group, Inc
Mls Name: CRMLS
Mls Provider:
Mls ID: #PTP2600418