5511 Adelaide Ave UNIT 27San DiegoCA92115
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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 San Diego at 5511 Adelaide Ave UNIT 27, San Diego, CA, 92115 offers a 7.48% rental yield on a $429,000 purchase with $2,674/mo rent. Total monthly income registers $2,674/mo, and a $2,100/mo payment leaves $20/mo available for distribution. Annual cash flow reaches $238/yr on $142,214 to close, and return on cash invested stands at 20.08% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 103.73% and total cumulative return in cash at $147,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,674/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92115, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,973 (100%) |
| Owner Occupied HU | 7,727 (33.6%) |
| Renter Occupied HU | 14,088 (61.3%) |
| Vacant Housing Units | 1,158 ( 5.0%) |
| Median Home Value | $809,891 |
| Average Home Value | $873,607 |
Housing Distribution
Address Breakdown
Residential
22,567
Single Family
14,889
Multi-Family
7,678
Businesses
1,124
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Listed by: Cindy Kellems • Coldwell Banker West
Mls Name: CRMLS
Mls ID: #PTP2600399