2620 2nd Ave UNIT 5BSan 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
Rental property for sale in San Diego at 2620 2nd Ave UNIT 5B, San Diego, CA, 92103 generates $6,130/mo in rent and, after a $4,160/mo payment, leaves $872/mo in cash flow. Total monthly income is $6,130/mo, and annual cash flow is $10,465/yr on $279,650 invested. Return on cash invested sits at 23.8% in year one, and rental yield is 8.65% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 123.69% and total cumulative return in cash sums $345,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,130/mo property income rather than buyer’s personal income.
Condo
Built in 1971
0.34 Acres 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: Carlos Cardenas • Elite Real Estate Group
Mls Name: CRMLS
Mls ID: #PW25125608