3940 Gresham St UNIT 454San DiegoCA92109
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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 3940 Gresham St UNIT 454, San Diego, CA, 92109 offers a 4.72% rental yield on a $1,550,000 purchase with $6,091/mo rent. 01% in year one. Equity gained on principal adds $10,002/yr while 5% annual appreciation supports $428,236 over five years. Portfolio math shows five-year ROI at 60.4% and total cumulative return in cash at $303,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,091/mo property income against a $7,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92109, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,029 (100%) |
| Owner Occupied HU | 6,451 (24.8%) |
| Renter Occupied HU | 15,564 (59.8%) |
| Vacant Housing Units | 4,014 (15.4%) |
| Median Home Value | $1,354,265 |
| Average Home Value | $1,414,969 |
Housing Distribution
Address Breakdown
Residential
25,204
Single Family
13,809
Multi-Family
11,395
Businesses
1,619
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Listed by: Carlos Gutierrez III • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls ID: #250046065