2125 Hofer DrSan DiegoCA92154
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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
Rental property for sale in San Diego at 2125 Hofer Dr, San Diego, CA, 92154 priced at $769,000 converts $6,151/mo rent into $1,394/mo cash flow after a $3,764/mo obligation. Total monthly income equals $6,151/mo, and annual cash flow totals $16,724/yr on $253,001 invested. Return on cash invested prints 26.67% in year one, and rental yield reads 9.6% against a $769,000 entry. Equity gained on principal adds $4,962/yr, while 5% annual appreciation compiles into $212,461 by year five. Five-year ROI reaches 139.06% and total cumulative return in cash sums $351,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,151/mo property income covering a $3,764/mo payment, not borrower’s personal income.
Single Family
Built in 1984
5,778 sqft lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
23,587
Single Family
20,843
Multi-Family
2,744
Businesses
2,046
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-14 | Listed for sale | $769,000 |
| 2024-08-10 | Contingent | $775,000 |
| 2024-08-06 | Listed for sale | $775,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $3895.26 | 1.93% | $327,992 | 2.00% |
| 2022-08-15 | $3821.36 | 3.19% | $321,562 | 2.00% |
| 2021-08-15 | $3703.14 | 2.39% | $315,257 | 1.04% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1984
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,400 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: All Bedrooms Down, Family Room, Living Room
- Exterior Features: N/A
- Parking Features: Garage - Attached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Ryan Blanco • Pasas Properties
Mls Name: CRMLS
Mls Provider:
Mls ID: #PTP2404524
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information