2420 Palm Ave SPACE 30San 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
Investment property for sale in San Diego at 2420 Palm Ave SPACE 30, San Diego, CA, 92154 earns $325/mo cash flow from $2,490/mo rent with a $1,713/mo payment. Total monthly income totals $2,490/mo, and annual cash flow totals $3,900/yr on $115,992 capital. ROI tracks 23.27% on current figures, and rental yield reads 8.54% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 120.9% and total cumulative return in cash sums $140,238. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,490/mo property income instead of your personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
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
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Listed by: Carl Cobb Iv • Advantage Homes
Mls Name: My State MLS
Mls ID: #11605593