2605 Pico Pl APT 215San DiegoCA92109
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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 2605 Pico Pl APT 215, San Diego, CA, 92109 generates $2,801/mo in rent, after a $2,442/mo payment. Total monthly income is $2,801/mo. Return on cash invested sits at 17.84% in year one, and rental yield is 6.74% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 91.74% and total cumulative return in cash sums $151,758. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,801/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92109, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,029 (100%) |
| Owner Occupied HU | 6,451 (24.8%) |
| Renter Occupied HU | 15,564 (59.8%) |
| Vacant Housing Units | 4,014 (15.4%) |
| Median Home Value | $1,354,265 |
| Average Home Value | $1,414,969 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
13,809
Multi-Family
11,395
Businesses
1,619
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Listed by: Anna Marie Barnard • Sand & Sea Realty, Inc.
Mls Name: SDMLS
Mls ID: #260002184