1855 Diamond St UNIT 232San DiegoCA92109
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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
Investment Highlights
Investment property for sale in San Diego at 1855 Diamond St UNIT 232, San Diego, CA, 92109 uses $155,805 cash to close to unlock $2,927/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $3,151/mo, and a $2,300/mo payment keeps the spread at $244/mo. Purchase price stands at $470,000, and rental yield measures 8.05% with $3,151/mo rent. Return on cash invested shows 21.79% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 112.9% and total cumulative return in cash records $175,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,151/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Condo
Built in 1975
9.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92109, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,029 (100%) |
| Owner Occupied HU | 6,451 (24.8%) |
| Renter Occupied HU | 15,564 (59.8%) |
| Vacant Housing Units | 4,014 (15.4%) |
| Median Home Value | $1,354,265 |
| Average Home Value | $1,414,969 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
13,809
Multi-Family
11,395
Businesses
1,619
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Listed by: Katie Gouletas • Redfin
Mls Name: SDMLS
Mls ID: #2601273