10629 Challenge BlvdLa MesaCA91941
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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 La Mesa at 10629 Challenge Blvd, La Mesa, CA, 91941 listed at $1,249,900 pairs $5,784/mo rent with a $6,118/mo payment. Total monthly income runs $5,784/mo. Return on cash invested measures 14.6% in year one, and rental yield registers 5.55% at a $1,249,900 basis. Equity gained on principal adds $8,065/yr, and annual property appreciation at 5% supports $345,324 by year five. Five-year ROI tracks 74.25% and total cumulative return in cash totals $300,690. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,784/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91941, La Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,501 (100%) |
| Owner Occupied HU | 7,532 (55.8%) |
| Renter Occupied HU | 5,452 (40.4%) |
| Vacant Housing Units | 517 ( 3.8%) |
| Median Home Value | $944,338 |
| Average Home Value | $1,039,984 |
Housing Distribution
Address Breakdown
Residential
12,834
Single Family
10,796
Multi-Family
2,038
Businesses
331
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Listed by: Chad Dannecker • Compass
Mls Name: SDMLS
Mls ID: #250039803