424 Stratford Ct UNIT B31Del MarCA92014
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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
Total monthly income runs $5,753/mo, and a $9,667/mo payment. Purchase price stands at $1,975,000, and rental yield measures 3.5% with $5,753/mo rent. Return on cash invested shows 8.25% in year one, and 5% annual appreciation builds toward $545,656 over five years. Five-year ROI reaches 40.19% and total cumulative return in cash records $257,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,753/mo property income covering a $9,667/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92014, Del Mar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,711 (100%) |
| Owner Occupied HU | 4,089 (60.9%) |
| Renter Occupied HU | 1,679 (25.0%) |
| Vacant Housing Units | 943 (14.1%) |
| Median Home Value | $1,992,909 |
| Average Home Value | $1,821,169 |
Housing Distribution
Address Breakdown
Residential
6,347
Single Family
5,271
Multi-Family
1,076
Businesses
1,144
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Listed by: Katrina D Dodson • Compass
Mls Name: SDMLS
Mls ID: #2600760