3140 Midway Dr UNIT A212San DiegoCA92110
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 3140 Midway Dr UNIT A212, San Diego, CA, 92110 in San Diego achieves 1.64, rent of $3,536/mo covers the $2,154/mo payment 1.5x over at $479,000. Rental yield 8.86%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $132,339 over five years, with $4,412/yr in principal reduction bringing total projected return to $181,015.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 4.8% |
| Monthly Cash Flow | $(52) | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,536 |
| Total Monthly Debt Service | $3,398 |
| DSCR Ratio | 1.04x |
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 1980
N/A lot
$N/A/sqft
$417 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92110, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,078 (100%) |
| Owner Occupied HU | 4,394 (33.6%) |
| Renter Occupied HU | 7,352 (56.2%) |
| Vacant Housing Units | 1,332 (10.2%) |
| Median Home Value | $1,047,921 |
| Average Home Value | $1,105,554 |
Housing Distribution
Address Breakdown
Residential
12,955
Single Family
7,921
Multi-Family
5,034
Businesses
1,895
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 1980
N/A lot
$N/A/sqft
$417 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92110, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,078 (100%) |
| Owner Occupied HU | 4,394 (33.6%) |
| Renter Occupied HU | 7,352 (56.2%) |
| Vacant Housing Units | 1,332 (10.2%) |
| Median Home Value | $1,047,921 |
| Average Home Value | $1,105,554 |
Housing Distribution
Address Breakdown
Residential
12,955
Single Family
7,921
Multi-Family
5,034
Businesses
1,895
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices