5941 Lubbock 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 5941 Lubbock Ave, La Mesa, CA, 91942 priced at $1,030,000 converts $4,703/mo rent into after a $5,041/mo obligation. Total monthly income equals $4,703/mo. Return on cash invested prints 14.37% in year one, and rental yield reads 5.48% against a $1,030,000 entry. Equity gained on principal adds $6,646/yr, while 5% annual appreciation compiles into $284,570 by year five. Five-year ROI reaches 73.04% and total cumulative return in cash sums $243,758. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,703/mo property income covering a $5,041/mo payment, not borrower’s personal income.
Single Family
Built in 1952
7,287 sqft 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: Blair Thiel • Homes 2 Own
Mls Name: SDMLS
Mls ID: #250043211