1278 Pacific Beach Dr UNIT 6San DiegoCA92109
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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 San Diego at 1278 Pacific Beach Dr UNIT 6, San Diego, CA, 92109 generates $7,998/mo in rent and, after a $4,870/mo payment, leaves $1,130/mo in cash flow. Total monthly income is $7,998/mo, and annual cash flow is $13,556/yr on $327,355 invested. Return on cash invested sits at 24.2% in year one, and rental yield is 9.65% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 126.77% and total cumulative return in cash sums $414,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,998/mo property income rather than buyer’s personal income.
Condo
Built in 1974
5,740 sqft lot
$N/A/sqft
$500 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 92109, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,029 (100%) |
| Owner Occupied HU | 6,451 (24.8%) |
| Renter Occupied HU | 15,564 (59.8%) |
| Vacant Housing Units | 4,014 (15.4%) |
| Median Home Value | $1,354,265 |
| Average Home Value | $1,414,969 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
13,809
Multi-Family
11,395
Businesses
1,619
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-04 | Listed for sale | $995,000 |
| 2021-07-02 | Sold | $799,000 |
| 2012-01-20 | Sold | $325,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $10015.08 | 2.73% | $814,979 | 2.00% |
| 2022-08-15 | $9749.06 | 108.44% | $799,000 | 111.87% |
| 2021-08-15 | $4677.20 | 1.22% | $377,122 | 1.04% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1974
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,032 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: None
- Flooring: N/A
- Interior Features: Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Garage
Location
HOA & Fees
- HOA Fee: $500 monthly
- Association Fee: $500 monthly
- Fees & Dues: N/A
- Association Amenities: Management
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Darin Daly • Coldwell Banker Realty
Mls Name: CRMLS
Mls Provider:
Mls ID: #NDP2406745
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information