1124 Eureka St APT 28San DiegoCA92110
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1124 Eureka St APT 28, San Diego, CA, 92110 in San Diego. At $537,000 it earns $4,270/mo in rent and distributes $337/mo to the owner after the $2,415/mo payment, a consistent 9.54% yield. DSCR 1.77 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $148,363 in value; $4,946/yr in principal paydown compounds ownership stake. Total projected return: $264,621.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 4.8% |
| Monthly Cash Flow | $337 | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,270 |
| Total Monthly Debt Service | $3,108 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92110, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,078 (100%) |
| Owner Occupied HU | 4,394 (33.6%) |
| Renter Occupied HU | 7,352 (56.2%) |
| Vacant Housing Units | 1,332 (10.2%) |
| Median Home Value | $1,047,921 |
| Average Home Value | $1,105,554 |
Housing Distribution
Address Breakdown
Residential
12,955
Single Family
7,921
Multi-Family
5,034
Businesses
1,895
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
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92110, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,078 (100%) |
| Owner Occupied HU | 4,394 (33.6%) |
| Renter Occupied HU | 7,352 (56.2%) |
| Vacant Housing Units | 1,332 (10.2%) |
| Median Home Value | $1,047,921 |
| Average Home Value | $1,105,554 |
Housing Distribution
Address Breakdown
Residential
12,955
Single Family
7,921
Multi-Family
5,034
Businesses
1,895
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Soto • eHomes
Mls Name: CRMLS
Mls ID: #CV25138452