3535 Monroe Ave UNIT 5San DiegoCA92116
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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 3535 Monroe Ave UNIT 5, San Diego, CA, 92116 uses $154,148 cash to close to unlock $7,888/yr annual cash flow and $657/mo monthly cash flow. Total monthly income runs $3,534/mo, and a $2,276/mo payment keeps the spread at $657/mo. Purchase price stands at $465,000, and rental yield measures 9.12% with $3,534/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 130.29% and total cumulative return in cash records $200,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,534/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Condo
Built in 1985
0.82 Acres 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
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Listed by: Michael Najar • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #PTP2509150