5419 Lake Murray Blvd APT 7La 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
Investment property for sale in La Mesa at 5419 Lake Murray Blvd APT 7, La Mesa, CA, 91942 uses $152,159 cash to close to unlock $2,137/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $3,018/mo, and a $2,247/mo payment keeps the spread at $178/mo. Purchase price stands at $459,000, and rental yield measures 7.89% with $3,018/mo rent. Return on cash invested shows 21.31% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 110.4% and total cumulative return in cash records $167,975. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,018/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Condo
Built in 1995
1.93 Acres lot
$N/A/sqft
No 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: Ivy Lin • Sunrise Investment International
Mls Name: SDMLS
Mls ID: #250035239