3295 Ocean View Blvd UNIT 30San DiegoCA92113
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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 3295 Ocean View Blvd UNIT 30, San Diego, CA, 92113 offers a 10.26% rental yield on a $349,000 purchase with $2,983/mo rent. Total monthly income registers $2,983/mo, and a $1,708/mo payment leaves $824/mo available for distribution. Annual cash flow reaches $9,890/yr on $115,694 to close, and return on cash invested stands at 28.46% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 148.7% and total cumulative return in cash at $172,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,983/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92113, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,800 (100%) |
| Owner Occupied HU | 3,948 (28.6%) |
| Renter Occupied HU | 9,238 (66.9%) |
| Vacant Housing Units | 614 ( 4.4%) |
| Median Home Value | $598,544 |
| Average Home Value | $665,910 |
Housing Distribution
Address Breakdown
Residential
13,499
Single Family
11,026
Multi-Family
2,473
Businesses
790
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Listed by: Voltaire Lepe • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls ID: #250039874