1635 Olamar WaySan DiegoCA92139
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
Investment Highlights
Investment property for sale in San Diego at 1635 Olamar Way, San Diego, CA, 92139 offers a 8.2% rental yield on a $705,000 purchase with $4,818/mo rent. Total monthly income registers $4,818/mo, and a $3,451/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,476/yr on $231,945 to close, and return on cash invested stands at 22.42% in year one. Equity gained on principal adds $4,549/yr while 5% annual appreciation supports $194,779 over five years. Portfolio math shows five-year ROI at 116.29% and total cumulative return in cash at $269,725. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,818/mo property income against a $3,451/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92139, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,635 (100%) |
| Owner Occupied HU | 6,233 (58.6%) |
| Renter Occupied HU | 4,141 (38.9%) |
| Vacant Housing Units | 261 ( 2.5%) |
| Median Home Value | $664,659 |
| Average Home Value | $792,239 |
Housing Distribution
Address Breakdown
Residential
10,742
Single Family
8,075
Multi-Family
2,667
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leilani Almazan • Integrity First Realty & Loans
Mls Name: CRMLS
Mls ID: #PTP2505958