422 Rosecrans St APT 8San DiegoCA92106
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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 422 Rosecrans St APT 8, San Diego, CA, 92106 earns $165/mo cash flow from $8,562/mo rent with a $6,240/mo payment. Total monthly income totals $8,562/mo, and annual cash flow totals $1,981/yr on $413,100 capital. ROI tracks 20.85% on current figures, and rental yield reads 8.06% at a $1,275,000 purchase. Equity gained on principal adds $8,227/yr, and 5% annual appreciation supports $352,259 over five years. Five-year ROI reaches 108.33% and total cumulative return in cash sums $447,506. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,562/mo property income instead of your personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$510 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 92106, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,375 (100%) |
| Owner Occupied HU | 4,678 (55.9%) |
| Renter Occupied HU | 3,065 (36.6%) |
| Vacant Housing Units | 632 ( 7.5%) |
| Median Home Value | $1,437,313 |
| Average Home Value | $1,496,033 |
Housing Distribution
Address Breakdown
Residential
8,152
Single Family
6,257
Multi-Family
1,895
Businesses
782
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-14 | Price change | $1,275,000 |
| 2024-07-19 | Listed for sale | $1,300,000 |
| 2019-07-15 | Sold | $675,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $8637.64 | 2.75% | $709,543 | 2.00% |
| 2022-08-15 | $8406.58 | 0.71% | $695,631 | 2.00% |
| 2021-08-15 | $8347.54 | 1.24% | $681,992 | 1.04% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1990
- Architectural Style: N/A
- Building Area: 1,204
- Living Area: 1,204 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Other Heat Source (See Remarks)
- Cooling: Central Forced Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage: Tandem
Location
HOA & Fees
- HOA Fee: $510 monthly
- Association Fee: $510 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Water
Utilities
- Utilities: Sewer Connected
- Sewer: N/A
- Water Source: Other/Remarks
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Roy Colosimo • Coldwell Banker Realty
Mls Name: SDMLS
Mls Provider:
Mls ID: #240016745
Disclaimer: This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation 2024 San Diego MLS.