353 61st StSan DiegoCA92114
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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
Rental property for sale in San Diego at 353 61st St, San Diego, CA, 92114 generates $5,516/mo in rent and, after a $3,304/mo payment, leaves $1,340/mo in cash flow. Total monthly income is $5,516/mo, and annual cash flow is $16,081/yr on $222,075 invested. Return on cash invested sits at 27.3% in year one, and rental yield is 9.81% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 142.47% and total cumulative return in cash sums $316,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,516/mo property income rather than buyer’s personal income.
Condo
Built in 1989
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92114, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,232 (100%) |
| Owner Occupied HU | 12,342 (67.7%) |
| Renter Occupied HU | 5,475 (30.0%) |
| Vacant Housing Units | 415 ( 2.3%) |
| Median Home Value | $660,569 |
| Average Home Value | $727,276 |
Housing Distribution
Address Breakdown
Residential
18,114
Single Family
16,990
Multi-Family
1,124
Businesses
325
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Listed by: Michael Soliven • Michael Soliven, Broker
Mls Name: CRMLS
Mls ID: #OC26009271