231 Redcrest DrSan DiegoCA92114
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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 231 Redcrest Dr, San Diego, CA, 92114 offers a 5.99% rental yield on a $639,000 purchase with $3,192/mo rent. 71% in year one. Equity gained on principal adds $4,123/yr while 5% annual appreciation supports $176,544 over five years. Portfolio math shows five-year ROI at 80.31% and total cumulative return in cash at $168,844. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,192/mo property income against a $3,128/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92114, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,232 (100%) |
| Owner Occupied HU | 12,342 (67.7%) |
| Renter Occupied HU | 5,475 (30.0%) |
| Vacant Housing Units | 415 ( 2.3%) |
| Median Home Value | $660,569 |
| Average Home Value | $727,276 |
Housing Distribution
Address Breakdown
Residential
18,114
Single Family
16,990
Multi-Family
1,124
Businesses
325
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Listed by: Frank McLin • Heartland Real Estate
Mls Name: CRMLS
Mls ID: #PTP2508919