231 22nd StDel MarCA92014
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Del Mar at 231 22nd St, Del Mar, CA, 92014 projects strong ROI of 5.08%. Rental yield 2.46%. With 5% annual appreciation, the property builds $1,103,745 in value over five years. Equity growth combined delivers a projected five-year ROI of 39.99%, translating into $451,310 in total cumulative return on $1,128,588 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 5.5% |
| Monthly Cash Flow | $(16,526) | $2,500 |
City averages based on Del Mar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,188 |
| Total Monthly Debt Service | $23,124 |
| DSCR Ratio | 0.35x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92014, Del Mar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,711 (100%) |
| Owner Occupied HU | 4,089 (60.9%) |
| Renter Occupied HU | 1,679 (25.0%) |
| Vacant Housing Units | 943 (14.1%) |
| Median Home Value | $1,992,909 |
| Average Home Value | $1,821,169 |
Housing Distribution
Address Breakdown
Residential
6,347
Single Family
5,271
Multi-Family
1,076
Businesses
1,144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1980
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92014, Del Mar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,711 (100%) |
| Owner Occupied HU | 4,089 (60.9%) |
| Renter Occupied HU | 1,679 (25.0%) |
| Vacant Housing Units | 943 (14.1%) |
| Median Home Value | $1,992,909 |
| Average Home Value | $1,821,169 |
Housing Distribution
Address Breakdown
Residential
6,347
Single Family
5,271
Multi-Family
1,076
Businesses
1,144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #NDP2602746