13040 Lumen WaySan DiegoCA92130
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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 13040 Lumen Way, San Diego, CA, 92130 generates $4,160/mo in rent, after a $7,195/mo payment. Total monthly income is $4,160/mo. Return on cash invested sits at 7.94% in year one, and rental yield is 3.4% on a $1,470,000 entry. Equity gained on principal adds $9,486/yr, while 5% annual appreciation builds toward $406,134 over five years. Five-year ROI reaches 38.56% and total cumulative return in cash sums $183,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,160/mo property income rather than buyer’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92130, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,073 (100%) |
| Owner Occupied HU | 13,880 (57.7%) |
| Renter Occupied HU | 9,028 (37.5%) |
| Vacant Housing Units | 1,165 ( 4.8%) |
| Median Home Value | $1,608,954 |
| Average Home Value | $1,582,882 |
Housing Distribution
Address Breakdown
Residential
23,230
Single Family
16,537
Multi-Family
6,693
Businesses
953
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Listed by: Roseanne D Martin • Redfin Corporation
Mls Name: SDMLS
Mls ID: #250033013