2620 2nd Ave UNIT 5ASan DiegoCA92103
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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 2620 2nd Ave UNIT 5A, San Diego, CA, 92103 offers a 8.48% rental yield on a $729,000 purchase with $5,154/mo rent. Total monthly income registers $5,154/mo, and a $3,568/mo payment leaves $644/mo available for distribution. Annual cash flow reaches $7,732/yr on $239,841 to close, and return on cash invested stands at 23.28% in year one. Equity gained on principal adds $4,704/yr while 5% annual appreciation supports $201,409 over five years. Portfolio math shows five-year ROI at 120.91% and total cumulative return in cash at $289,980. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,154/mo property income against a $3,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92103, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,454 (100%) |
| Owner Occupied HU | 6,477 (30.2%) |
| Renter Occupied HU | 13,269 (61.8%) |
| Vacant Housing Units | 1,708 ( 8.0%) |
| Median Home Value | $1,234,113 |
| Average Home Value | $1,335,912 |
Housing Distribution
Address Breakdown
Residential
20,791
Single Family
10,226
Multi-Family
10,565
Businesses
1,658
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Listed by: Mark F Carolin • The Real Estate Company
Mls Name: SDMLS
Mls ID: #250033198