3029 Broadway UNIT 14San DiegoCA92102
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing3029 Broadway UNIT 14, San Diego, CA, 92102 in San Diego is a stable, well-positioned rental at $405,000. Rental yield 6.55%. DSCR 1.21 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $111,894 in value and $3,730/yr in principal paydown builds equity, a total projected return of $134,551.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 4.8% |
| Monthly Cash Flow | $(295) | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,210 |
| Total Monthly Debt Service | $2,344 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1981
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92102, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,171 (100%) |
| Owner Occupied HU | 4,390 (28.9%) |
| Renter Occupied HU | 9,917 (65.4%) |
| Vacant Housing Units | 864 ( 5.7%) |
| Median Home Value | $806,708 |
| Average Home Value | $874,901 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
10,531
Multi-Family
4,320
Businesses
832
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
Condo
Built in 1981
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92102, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,171 (100%) |
| Owner Occupied HU | 4,390 (28.9%) |
| Renter Occupied HU | 9,917 (65.4%) |
| Vacant Housing Units | 864 ( 5.7%) |
| Median Home Value | $806,708 |
| Average Home Value | $874,901 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
10,531
Multi-Family
4,320
Businesses
832
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terrence Davis • LPT Realty, Inc.
Mls Name: CRMLS
Mls ID: #PTP2507969