1770 Avenida Del Mundo UNIT 107CoronadoCA92118
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.42% yield at 1770 Avenida Del Mundo UNIT 107, Coronado, CA, 92118 in Coronado is solid, but the $6,722/mo payment compresses net cash flow to $65/mo at $1,495,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $413,041 by year five, and $13,769/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.56) without U.S. income documentation. Total projected return: $576,167.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.5% |
| Monthly Cash Flow | $65 | $350 |
City averages based on Coronado market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $10,495 |
| Total Monthly Debt Service | $9,836 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1974
N/A lot
$N/A/sqft
$983 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92118, Coronado, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,444 (100%) |
| Owner Occupied HU | 3,689 (39.1%) |
| Renter Occupied HU | 3,557 (37.7%) |
| Vacant Housing Units | 2,198 (23.3%) |
| Median Home Value | $1,966,411 |
| Average Home Value | $1,820,784 |
Housing Distribution
Address Breakdown
Residential
9,234
Single Family
5,773
Multi-Family
3,461
Businesses
511
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$983 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92118, Coronado, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,444 (100%) |
| Owner Occupied HU | 3,689 (39.1%) |
| Renter Occupied HU | 3,557 (37.7%) |
| Vacant Housing Units | 2,198 (23.3%) |
| Median Home Value | $1,966,411 |
| Average Home Value | $1,820,784 |
Housing Distribution
Address Breakdown
Residential
9,234
Single Family
5,773
Multi-Family
3,461
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices