2414-2418 Monroe AveSan DiegoCA92116
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2414-2418 Monroe Ave, San Diego, CA, 92116 in San Diego at $1,699,000, 2.54% gross yield, is a market-growth asset. Rental yield 2.54%. The $3,594/mo rent partially funds the $7,640/mo debt service; the core return is the 5%/yr price growth projected to add $469,402 over five years. Ziffy Mortgage's DSCR mortgage (0.47) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $199,143.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 4.8% |
| Monthly Cash Flow | $(6,916) | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,594 |
| Total Monthly Debt Service | $9,834 |
| DSCR Ratio | 0.37x |
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.
Multi Family
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92116, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,213 (100%) |
| Owner Occupied HU | 5,155 (29.9%) |
| Renter Occupied HU | 11,188 (65.0%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $1,061,068 |
| Average Home Value | $1,160,248 |
Housing Distribution
Address Breakdown
Residential
17,254
Single Family
9,512
Multi-Family
7,742
Businesses
606
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
Multi Family
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92116, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,213 (100%) |
| Owner Occupied HU | 5,155 (29.9%) |
| Renter Occupied HU | 11,188 (65.0%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $1,061,068 |
| Average Home Value | $1,160,248 |
Housing Distribution
Address Breakdown
Residential
17,254
Single Family
9,512
Multi-Family
7,742
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glenn Dewyea • LPT Realty,Inc
Mls Name: SDMLS
Mls ID: #250044202