1551 4th Ave UNIT 603, San Diego, CA, 92101 | $597/mo Cash Flow

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1551 4th Ave UNIT 603, San Diego, CA, 92101 | $597/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in San Diego at 1551 4th Ave UNIT 603, San Diego, CA, 92101 generates $6,158/mo in rent and, after a $4,400/mo payment, leaves $597/mo in cash flow. Total monthly income is $6,158/mo, and annual cash flow is $7,161/yr on $295,771 invested. Return on cash invested sits at 22.48% in year one, and rental yield is 8.22% on a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 116.59% and total cumulative return in cash sums $344,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,158/mo property income rather than buyer’s personal income.

Condo

Built in 1996

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

The BEST floor plan in Solara Lofts! This stunning NW corner loft residence is perched on the 6th floor of Cortez Hill, showcasing sweeping walls of glass and fantastic views of Balboa Park and the Bay. A true rarity, this light-filled home features a split-bedroom layout for ultimate privacy, wood flooring throughout, and an updated kitchen with modern appliances. Enjoy indoor-outdoor living from your private wrap-around balcony. Practicality meets convenience with ample storage, including two dedicated storage units, plus two side-by-side parking spaces. The building also offers 8 guest parking spaces for visitors. Club Solara amenities include a pool table room, foosball, gym, saunas, and a racquetball court, creating the perfect balance of leisure and wellness. Best of all, you can meet your neighbors over a glass of wine or join a cooking class at Quigley Fine Wines, conveniently located on the buildings ground floor. With abundant natural light, a thoughtful floor plan, and a vibrant community setting, this home truly captures the best of urban living in one of San Diegos most desirable neighborhoods.

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