1951 47th St Space 118San DiegoCA92102
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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 1951 47th St Space 118, San Diego, CA, 92102 offers a 9.08% rental yield on a $140,000 purchase with $1,059/mo rent. Total monthly income registers $1,059/mo, and a $685/mo payment leaves $193/mo available for distribution. Annual cash flow reaches $2,318/yr on $46,410 to close, and return on cash invested stands at 24.9% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 129.69% and total cumulative return in cash at $60,190. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,059/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1967
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92102, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,171 (100%) |
| Owner Occupied HU | 4,390 (28.9%) |
| Renter Occupied HU | 9,917 (65.4%) |
| Vacant Housing Units | 864 ( 5.7%) |
| Median Home Value | $806,708 |
| Average Home Value | $874,901 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
10,531
Multi-Family
4,320
Businesses
832
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Listed by: Norma Delgadillo • Realty One Group Pacific
Mls Name: CRMLS
Mls ID: #PTP2505932