3005 Thorn St APT 3San DiegoCA92104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3005 Thorn St APT 3, San Diego, CA, 92104 listed at $600,000 pairs $4,037/mo rent with a $2,937/mo payment to leave $325/mo cash flow. Total monthly income runs $4,037/mo, and annual cash flow reaches $3,900/yr on $197,400 cash to close. Return on cash invested measures 22.04% in year one, and rental yield registers 8.07% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 114.21% and total cumulative return in cash totals $225,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,037/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Addie A Jacobs • Rise Realty
Mls Name: SDMLS
Mls ID: #250042804