1480 Broadway UNIT 2409San 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 UNIT 2409, San Diego, CA, 92101 listed at $390,000 pairs $2,903/mo rent with a $1,909/mo payment to leave $490/mo cash flow. Total monthly income runs $2,903/mo, and annual cash flow reaches $5,883/yr on $129,285 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 8.93% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 127.27% and total cumulative return in cash totals $164,540. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,903/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
1.13 Acres 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: Margaux Burdick • Nancarrow Realty Group
Mls Name: CRMLS
Mls ID: #NDP2509113