4262 Parks Ave APT 205La MesaCA91941
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 4262 Parks Ave APT 205, La Mesa, CA, 91941 in La Mesa. Priced at $400,000, it generates $3,344/mo in gross rent and $870/mo in net monthly cash flow, a 10.03% yield that comfortably supports the 1.76 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,439. Five-year appreciation: $110,513. Equity from principal paydown: $3,353/yr. Total projected cumulative return: $200,144.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.0% |
| Monthly Cash Flow | $870 | $2,500 |
City averages based on La Mesa market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,344 |
| Total Monthly Debt Service | $2,413 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A 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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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SDMLS
Mls Provider:
Mls ID: #260023530
