1480 Broadway #2609San DiegoCA92101
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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
Investment property for sale in San Diego at 1480 Broadway #2609, San Diego, CA, 92101 offers a 6.91% rental yield on a $575,000 purchase with $3,312/mo rent. 51% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 95.31% and total cumulative return in cash at $180,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,312/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92101, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,969 (100%) |
| Owner Occupied HU | 6,370 (16.3%) |
| Renter Occupied HU | 25,620 (65.7%) |
| Vacant Housing Units | 6,979 (17.9%) |
| Median Home Value | $957,131 |
| Average Home Value | $1,143,507 |
Housing Distribution
Address Breakdown
Residential
32,920
Single Family
6,899
Multi-Family
26,021
Businesses
4,096
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Listed by: Jeffrey Nix • Redfin Corporation
Mls Name: SDMLS
Mls ID: #250036611