4020 Mississippi St UNIT 7San DiegoCA92104
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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 4020 Mississippi St UNIT 7, San Diego, CA, 92104 uses $128,954 cash to close to unlock $1,422/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,525/mo, and a $1,904/mo payment keeps the spread at $119/mo. Purchase price stands at $389,000, and rental yield measures 7.79% with $2,525/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 108.76% and total cumulative return in cash records $140,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,525/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Condo
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92104, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,381 (100%) |
| Owner Occupied HU | 6,156 (25.2%) |
| Renter Occupied HU | 16,456 (67.5%) |
| Vacant Housing Units | 1,769 ( 7.3%) |
| Median Home Value | $973,137 |
| Average Home Value | $1,060,664 |
Housing Distribution
Address Breakdown
Residential
22,580
Single Family
12,209
Multi-Family
10,371
Businesses
927
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Listed by: Scott DeMoss • SD Real Estate
Mls Name: SDMLS
Mls ID: #2600778