4261 Alta Mira DrLa MesaCA91941
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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 La Mesa at 4261 Alta Mira Dr, La Mesa, CA, 91941 offers a 8.95% rental yield on a $1,248,900 purchase with $9,318/mo rent. Total monthly income registers $9,318/mo, and a $6,113/mo payment leaves $1,577/mo available for distribution. Annual cash flow reaches $18,927/yr on $404,644 to close, and return on cash invested stands at 25.05% in year one. Equity gained on principal adds $8,059/yr while 5% annual appreciation supports $345,048 over five years. Portfolio math shows five-year ROI at 130.32% and total cumulative return in cash at $527,320. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,318/mo property income against a $6,113/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91941, La Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,501 (100%) |
| Owner Occupied HU | 7,532 (55.8%) |
| Renter Occupied HU | 5,452 (40.4%) |
| Vacant Housing Units | 517 ( 3.8%) |
| Median Home Value | $944,338 |
| Average Home Value | $1,039,984 |
Housing Distribution
Address Breakdown
Residential
12,834
Single Family
10,796
Multi-Family
2,038
Businesses
331
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Nearby investment properties with comparable prices
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