5700 Baltimore Dr UNIT 16La 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 5700 Baltimore Dr UNIT 16, La Mesa, CA, 91942 generates $3,494/mo in rent and, after a $2,447/mo payment, leaves $401/mo in cash flow. Total monthly income is $3,494/mo, and annual cash flow is $4,815/yr on $165,717 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 8.39% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 118.43% and total cumulative return in cash sums $196,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,494/mo property income rather than buyer’s personal income.
Condo
Built in 1976
3.57 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: Brian Richard • Professional Realty Services
Mls Name: CRMLS
Mls ID: #NDP2511067