6131 Rancho Mission Rd UNIT 101San DiegoCA92108
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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 6131 Rancho Mission Rd UNIT 101, San Diego, CA, 92108 uses $132,269 cash to close to unlock $1,111/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $2,561/mo, and a $1,953/mo payment keeps the spread at $93/mo. Purchase price stands at $399,000, and rental yield measures 7.7% with $2,561/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 107.35% and total cumulative return in cash records $141,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,561/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Condo
Built in 1979
8.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92108, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 4,457 (27.0%) |
| Renter Occupied HU | 10,797 (65.4%) |
| Vacant Housing Units | 1,258 ( 7.6%) |
| Median Home Value | $831,334 |
| Average Home Value | $947,172 |
Housing Distribution
Address Breakdown
Residential
15,635
Single Family
8,068
Multi-Family
7,567
Businesses
2,485
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Listed by: Derrick Luckett • Destiny Six Financial RE Mortg
Mls Name: SDMLS
Mls ID: #250034170