4109-4111 Ibis St, San Diego, CA, 92103 | ROI: 4.37%

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4109-4111 Ibis St, San Diego, CA, 92103 | ROI: 4.37% | Ziffy

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in San Diego at 4109-4111 Ibis St, San Diego, CA, 92103 projects strong ROI of 4.37%. Rental yield 2.24%. With 5% annual appreciation, the property builds $635,448 in value over five years. Equity growth combined delivers a projected five-year ROI of 19.41%, translating into $144,619 in total cumulative return on $745,200 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Multi Family

Built in 1926

3,990 sqft lot

$N/A/sqft

No HOA

More details about the property

Located on Ibis Street in highly desirable North Mission Hills, this updated triplex offers two units plus a bonus ADU (unpermitted prior to current ownership) on the lowest level. Walkable to shops, dining, and grocery stores, the property sits on a 3,990 sq ft lot with lush canyon views. Street level: 3BR/1BA, 1,085 sq ft with garage and balcony. Mid level: 2BR/1BA, 975 sq ft + den/office (not in sq ft), large deck and side yard. Lower level: 1BR/1BA, 550 sq ft (unpermitted) with patio and yard. Upgrades include new roof (2020), electrical (2018), bathroom remodel/plumbing (2017), sewer line (2012), hardwood floors (2022), new decks (2022 & 2025), and fresh exterior paint. All units feature in-unit laundry, mini-split heating/AC, and modern finishes; top unit includes a dishwasher. With strong rental demand and long-term tenants in place, this is a rare investment or owner-user opportunity near Hillcrest, Balboa Park, and downtown.

Neighborhood Data

Neighborhood data shown for ZIP Code: 92103, San Diego, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,454 (100%)
Owner Occupied HU	6,477 (30.2%)
Renter Occupied HU	13,269 (61.8%)
Vacant Housing Units	1,708 ( 8.0%)
Median Home Value	$1,234,113
Average Home Value	$1,335,912