3030 Suncrest Dr UNIT 102San DiegoCA92116
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis San Diego rental at 3030 Suncrest Dr UNIT 102, San Diego, CA, 92116 sits in the solid-income band: 8.72% gross yield, $2,971/mo rent, $443/mo net after the $1,838/mo debt service, DSCR 1.62. Entry price of $408,750 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $112,930 and $3,765/yr in principal reduction bring total cumulative return to $183,507.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 4.8% |
| Monthly Cash Flow | $443 | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,971 |
| Total Monthly Debt Service | $2,366 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92116, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,213 (100%) |
| Owner Occupied HU | 5,155 (29.9%) |
| Renter Occupied HU | 11,188 (65.0%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $1,061,068 |
| Average Home Value | $1,160,248 |
Housing Distribution
Address Breakdown
Residential
17,254
Single Family
9,512
Multi-Family
7,742
Businesses
606
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 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92116, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,213 (100%) |
| Owner Occupied HU | 5,155 (29.9%) |
| Renter Occupied HU | 11,188 (65.0%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $1,061,068 |
| Average Home Value | $1,160,248 |
Housing Distribution
Address Breakdown
Residential
17,254
Single Family
9,512
Multi-Family
7,742
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Blakeley • Keller Williams Realty
Mls Name: SDMLS
Mls ID: #250038030