3890 Nobel Dr UNIT 506San DiegoCA92122
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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 3890 Nobel Dr UNIT 506, San Diego, CA, 92122 uses $172,725 cash to close to unlock $9,022/yr annual cash flow and $752/mo monthly cash flow. Total monthly income runs $4,000/mo, and a $2,570/mo payment keeps the spread at $752/mo. Purchase price stands at $525,000, and rental yield measures 9.14% with $4,000/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 131.62% and total cumulative return in cash records $227,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,000/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92122, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,988 (100%) |
| Owner Occupied HU | 6,477 (28.2%) |
| Renter Occupied HU | 14,434 (62.8%) |
| Vacant Housing Units | 2,077 ( 9.0%) |
| Median Home Value | $1,051,303 |
| Average Home Value | $1,108,284 |
Housing Distribution
Address Breakdown
Residential
21,825
Single Family
9,226
Multi-Family
12,599
Businesses
838
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Listed by: Marc Lotzof • Compass
Mls Name: SDMLS
Mls ID: #250041254