ZIP CODE 92154 // SAN DIEGO-CHULA VISTA-CARLSBAD, CA // DATA AS OF 2026-09-30
San Diego, CA (92154) Rental Property Cap Rate & Cash Flow Report
Located in San Diego County (San Diego, CA), Zip Code 92154 ranks #280 of 500 within this selected sample (44th percentile) with a Zillow ZHVI typical home-value index of $745,539 (+1.7% YoY) and a ZORI observed market rent of $2,971/mo (+2.4% YoY). Requires at least 61.1% 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
-$1,937/mo
Annual: -$23,242/yr
Modeled Cap Rate
2.95%
NOI: $21,996/yr
Cash-on-Cash Return
-13.55%
Cash Needed: $171,474
1% Rule Ratio
0.40%
Gross Yield: 4.78%
Break-Even Rent
$5,197/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 92154 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$3,770/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,138/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (92154)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $613,030 | $2,346/mo | 4.59% |
| 2022 | $695,369 | $2,729/mo | 4.71% |
| 2023 | $717,490 | $2,884/mo | 4.82% |
| 2024 | $766,972 | $2,827/mo | 4.42% |
| 2025 | $732,937 | $2,900/mo | 4.75% |
| 2026 | $745,539 | $2,971/mo | 4.78% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 91710 Chino, CA | $756,530 | $3,027/mo | 2.97% | -$1,955/mo |
| 92530 Lake Elsinore, CA | $559,000 | $2,239/mo | 2.97% | -$1,442/mo |
| 91744 La Puente, CA | $731,536 | $2,899/mo | 2.93% | -$1,915/mo |
| 90011 Los Angeles, CA | $600,313 | $2,418/mo | 3.00% | -$1,537/mo |
| 95076 Watsonville, CA | $823,234 | $3,332/mo | 3.02% | -$2,094/mo |
| 92407 San Bernardino, CA | $544,058 | $2,125/mo | 2.87% | -$1,451/mo |