3142 Midway Dr #312San DiegoCA92110
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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 3142 Midway Dr #312, San Diego, CA, 92110 uses $165,419 cash to close to unlock $1,529/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $3,214/mo, and a $2,442/mo payment keeps the spread at $127/mo. Purchase price stands at $499,000, and rental yield measures 7.73% with $3,214/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 107.8% and total cumulative return in cash records $178,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,214/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Condo
Built in 1980
1.72 Acres lot
$N/A/sqft
No 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
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Listed by: JAMIE DAVIS • EXP REALTY OF SOUTHERN CALIFORNIA INC.
Mls Name: CRMLS
Mls ID: #IV25138202