ZIP CODE 92126 // SAN DIEGO-CHULA VISTA-CARLSBAD, CA // DATA AS OF 2026-09-30
San Diego, CA (92126) Rental Property Cap Rate & Cash Flow Report
Located in San Diego County (San Diego, CA), Zip Code 92126 ranks #424 of 500 within this selected sample (15th percentile) with a Zillow ZHVI typical home-value index of $979,735 (-0.7% YoY) and a ZORI observed market rent of $3,044/mo (+2.7% YoY). Requires at least 73.2% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$3,294/mo
Annual: -$39,525/yr
Modeled Cap Rate
2.03%
NOI: $19,924/yr
Cash-on-Cash Return
-17.54%
Cash Needed: $225,339
1% Rule Ratio
0.31%
Gross Yield: 3.73%
Break-Even Rent
$6,830/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 92126 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$4,954/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,384/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (92126)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $771,361 | $2,482/mo | 3.86% |
| 2022 | $919,800 | $2,814/mo | 3.67% |
| 2023 | $936,949 | $2,959/mo | 3.79% |
| 2024 | $1,040,280 | $2,973/mo | 3.43% |
| 2025 | $986,504 | $2,964/mo | 3.61% |
| 2026 | $979,735 | $3,044/mo | 3.73% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 91910 Chula Vista, CA | $839,504 | $2,609/mo | 2.03% | -$2,822/mo |
| 90022 East Los Angeles, CA | $676,218 | $2,109/mo | 2.05% | -$2,266/mo |
| 92703 Santa Ana, CA | $818,104 | $2,554/mo | 2.05% | -$2,740/mo |
| 90731 Los Angeles, CA | $822,360 | $2,588/mo | 2.08% | -$2,736/mo |
| 90805 Long Beach, CA | $711,273 | $2,168/mo | 1.97% | -$2,428/mo |
| 95608 Carmichael, CA | $563,163 | $1,784/mo | 2.10% | -$1,863/mo |