1330 Reed Ave APT 2San DiegoCA92109
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1330 Reed Ave APT 2, San Diego, CA, 92109 in San Diego worth study. Rental yield 4.15%. The 4.15% gross yield is below cash-flow benchmarks at $1,089,000, but 5% annual appreciation, adding $300,871 over five years, frames this as a capital growth position. Rent of $3,766/mo partially offsets the $4,897/mo payment. Ziffy Mortgage finances appreciation-play properties (0.77 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $221,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 4.8% |
| Monthly Cash Flow | $(3,371) | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,766 |
| Total Monthly Debt Service | $6,303 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1986
6,239 sqft lot
$N/A/sqft
No HOA
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
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 1986
6,239 sqft lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #PTP2602005