402 63rd St SPACE 59San DiegoCA92114
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
Investment property for sale in San Diego at 402 63rd St SPACE 59, San Diego, CA, 92114 offers a 8.61% rental yield on a $225,000 purchase with $1,614/mo rent. Total monthly income registers $1,614/mo, and a $1,101/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,668/yr on $74,588 to close, and return on cash invested stands at 23.49% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 122.04% and total cumulative return in cash at $91,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,614/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lily Pigg • LILY'S MOBILE HOMES
Mls Name: My State MLS
Mls ID: #11565981