1805 Ionian St, San Diego, CA, 92154 | $605/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1805 Ionian St, San Diego, CA, 92154 | $605/mo Cash Flow | Ziffy

For Sale

Currently Rented

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

Investment property for sale in San Diego at 1805 Ionian St, San Diego, CA, 92154 offers a 8.45% rental yield on a $705,000 purchase with $4,967/mo rent. Total monthly income registers $4,967/mo, and a $3,451/mo payment leaves $605/mo available for distribution. Annual cash flow reaches $7,264/yr on $231,945 to close, and return on cash invested stands at 23.19% 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 120.42% and total cumulative return in cash at $279,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,967/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 1961

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Investment Opportunity - Excellent chance to acquire four single-story investment homes, each leased by a national leader in care services for individuals with disabilities. All four properties to be sold and purchased as a bundle. Each home generates $42,303 in annual rental income for a total of $169,212 per year and a 3% annual increases per year. The 5-year lease is backed by a strong national adult care facility, ResCare Bright Spring. Tenant is responsible for utilities, general maintenance, and landscaping. The property owner is responsible for structural maintenance. Bundle Price for all 4 properties: $2,820,000. Please see MLS# NDP2507086 for all four residential income listing. Addresses: 1384 Frauline Dr, San Diego; 1382 Tobias Dr, Chula Vista; 1805 Ionian St, San Diego; 5979 Harps Ct, San Diego.

Neighborhood Data

Neighborhood data shown for ZIP Code: 92154, San Diego, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,464 (100%)
Owner Occupied HU	14,302 (58.5%)
Renter Occupied HU	9,352 (38.2%)
Vacant Housing Units	810 ( 3.3%)
Median Home Value	$631,593
Average Home Value	$636,977