1236 Cave St UNIT 3BLa JollaCA92037
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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
Rental property for sale in La Jolla at 1236 Cave St UNIT 3B, La Jolla, CA, 92037 priced at $1,695,000 converts $10,446/mo rent into after a $8,296/mo obligation. Total monthly income equals $10,446/mo. Return on cash invested prints 17.86% in year one, and rental yield reads 7.4% against a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation compiles into $468,297 by year five. Five-year ROI reaches 92.64% and total cumulative return in cash sums $508,785. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $10,446/mo property income covering a $8,296/mo payment, not borrower’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$834 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92037, La Jolla, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,119 (100%) |
| Owner Occupied HU | 10,189 (50.6%) |
| Renter Occupied HU | 6,872 (34.2%) |
| Vacant Housing Units | 3,058 (15.2%) |
| Median Home Value | $1,900,024 |
| Average Home Value | $1,722,784 |
Housing Distribution
Address Breakdown
Residential
19,128
Single Family
13,517
Multi-Family
5,611
Businesses
2,245
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Listed by: Rob Aumann • Compass
Mls Name: SDMLS
Mls Provider:
Mls ID: #240017003
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