445 Island Ave UNIT 614San DiegoCA92101
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 445 Island Ave UNIT 614, San Diego, CA, 92101 in San Diego at $534,900 earns $4,109/mo in rent and nets $100/mo after the $2,405/mo payment, a 9.22% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $147,783 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $4,926/yr in principal paydown, total projected return reaches $212,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 4.8% |
| Monthly Cash Flow | $100 | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,109 |
| Total Monthly Debt Service | $3,796 |
| DSCR Ratio | 1.08x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
N/A lot
$N/A/sqft
$527 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92101, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,969 (100%) |
| Owner Occupied HU | 6,370 (16.3%) |
| Renter Occupied HU | 25,620 (65.7%) |
| Vacant Housing Units | 6,979 (17.9%) |
| Median Home Value | $957,131 |
| Average Home Value | $1,143,507 |
Housing Distribution
Address Breakdown
Residential
32,920
Single Family
6,899
Multi-Family
26,021
Businesses
4,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2006
N/A lot
$N/A/sqft
$527 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92101, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,969 (100%) |
| Owner Occupied HU | 6,370 (16.3%) |
| Renter Occupied HU | 25,620 (65.7%) |
| Vacant Housing Units | 6,979 (17.9%) |
| Median Home Value | $957,131 |
| Average Home Value | $1,143,507 |
Housing Distribution
Address Breakdown
Residential
32,920
Single Family
6,899
Multi-Family
26,021
Businesses
4,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices