2108 3rd Ave #1San DiegoCA92101
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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 2108 3rd Ave #1, San Diego, CA, 92101 uses $190,491 cash to close to unlock $4,177/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $3,930/mo, and a $2,834/mo payment keeps the spread at $348/mo. Purchase price stands at $579,000, and rental yield measures 8.15% with $3,930/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 115.4% and total cumulative return in cash records $219,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,930/mo property income covering a $2,834/mo payment rather than investor’s personal income.
Condo
Built in 1980
9,595 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92101, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,969 (100%) |
| Owner Occupied HU | 6,370 (16.3%) |
| Renter Occupied HU | 25,620 (65.7%) |
| Vacant Housing Units | 6,979 (17.9%) |
| Median Home Value | $957,131 |
| Average Home Value | $1,143,507 |
Housing Distribution
Address Breakdown
Residential
32,920
Single Family
6,899
Multi-Family
26,021
Businesses
4,096
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Listed by: Edward J Mracek • Pacific Sotheby's Int'l Realty
Mls Name: SDMLS
Mls ID: #250042193