4701 Date AveLa MesaCA91942
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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
Rental property for sale in La Mesa at 4701 Date Ave, La Mesa, CA, 91942 priced at $688,000 pairs $5,956/mo rent with $985/mo cash flow after a $3,367/mo payment. Total monthly income equals $5,956/mo, and annual cash flow comes to $11,824/yr on $226,352 invested. Return on cash invested is 25.28% in year one, and rental yield stands at 10.39% on a $688,000 basis. Equity gained on principal adds $4,440/yr, and 5% annual appreciation accumulates to $190,082 by year five. Five-year ROI measures 133.01% and total cumulative return in cash reaches $301,072. For financing, Ziffy Mortgage’s DSCR program evaluates $5,956/mo property income against a $3,367/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
$715 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91942, La Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,258 (100%) |
| Owner Occupied HU | 7,627 (41.8%) |
| Renter Occupied HU | 9,788 (53.6%) |
| Vacant Housing Units | 843 ( 4.6%) |
| Median Home Value | $801,305 |
| Average Home Value | $819,949 |
Housing Distribution
Address Breakdown
Residential
18,277
Single Family
11,551
Multi-Family
6,726
Businesses
1,819
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Listed by: Jeff Rosa • Market Real Estate
Mls Name: SDMLS
Mls Provider:
Mls ID: #240016353
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