4016 Gresham St UNIT C2San DiegoCA92109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $5,405/mo, and a $5,575/mo payment. Purchase price stands at $1,139,000, and rental yield measures 5.69% with $5,405/mo rent. Return on cash invested shows 15.03% in year one, and 5% annual appreciation builds toward $314,685 over five years. Five-year ROI reaches 76.59% and total cumulative return in cash records $282,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,405/mo property income covering a $5,575/mo payment rather than investor’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Taylor • Coldwell Banker Realty
Mls Name: SDMLS
Mls ID: #250038338