1506 Summit AveCardiffCA92007
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Cardiff at 1506 Summit Ave, Cardiff, CA, 92007 projects strong ROI of -0.42%. Rental yield 0.91%. With 5% annual appreciation, the property builds $2,749,002 in value over five years. Equity growth combined delivers a projected five-year ROI of 10.52%, translating into $295,652 in total cumulative return on $2,810,875 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.9% | 4.5% |
| Monthly Cash Flow | $(54,032) | $400 |
City averages based on Cardiff market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,520 |
| Total Monthly Debt Service | $57,594 |
| DSCR Ratio | 0.13x |
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.
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92007, Cardiff By The Sea, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,898 (100%) |
| Owner Occupied HU | 2,712 (55.4%) |
| Renter Occupied HU | 1,758 (35.9%) |
| Vacant Housing Units | 428 ( 8.7%) |
| Median Home Value | $1,669,375 |
| Average Home Value | $1,627,134 |
Housing Distribution
Address Breakdown
Residential
4,629
Single Family
4,434
Multi-Family
195
Businesses
476
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
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92007, Cardiff By The Sea, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,898 (100%) |
| Owner Occupied HU | 2,712 (55.4%) |
| Renter Occupied HU | 1,758 (35.9%) |
| Vacant Housing Units | 428 ( 8.7%) |
| Median Home Value | $1,669,375 |
| Average Home Value | $1,627,134 |
Housing Distribution
Address Breakdown
Residential
4,629
Single Family
4,434
Multi-Family
195
Businesses
476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #NDP2602722