2828 University Ave UNIT 503San DiegoCA92104
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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 2828 University Ave UNIT 503, San Diego, CA, 92104 offers a 7.44% rental yield on a $475,000 purchase with $2,945/mo rent. Total monthly income registers $2,945/mo, and a $2,325/mo payment leaves $6/mo available for distribution. Annual cash flow reaches $77/yr on $157,463 to close, and return on cash invested stands at 19.96% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 103.11% and total cumulative return in cash at $162,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,945/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92104, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,381 (100%) |
| Owner Occupied HU | 6,156 (25.2%) |
| Renter Occupied HU | 16,456 (67.5%) |
| Vacant Housing Units | 1,769 ( 7.3%) |
| Median Home Value | $973,137 |
| Average Home Value | $1,060,664 |
Housing Distribution
Address Breakdown
Residential
22,580
Single Family
12,209
Multi-Family
10,371
Businesses
927
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Listed by: Jonathan Lallo • Coldwell Banker West
Mls Name: CRMLS
Mls ID: #PTP2507191