616 W Lewis StSan DiegoCA92103
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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 San Diego at 616 W Lewis St, San Diego, CA, 92103 priced at $1,749,000 converts $5,626/mo rent into after a $8,560/mo obligation. Total monthly income equals $5,626/mo. Return on cash invested prints 9.37% in year one, and rental yield reads 3.86% against a $1,749,000 entry. Equity gained on principal adds $11,286/yr, while 5% annual appreciation compiles into $483,216 by year five. Five-year ROI reaches 46.24% and total cumulative return in cash sums $262,015. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,626/mo property income covering a $8,560/mo payment, not borrower’s personal income.
Single Family
Built in 1982
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92103, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,454 (100%) |
| Owner Occupied HU | 6,477 (30.2%) |
| Renter Occupied HU | 13,269 (61.8%) |
| Vacant Housing Units | 1,708 ( 8.0%) |
| Median Home Value | $1,234,113 |
| Average Home Value | $1,335,912 |
Housing Distribution
Address Breakdown
Residential
20,791
Single Family
10,226
Multi-Family
10,565
Businesses
1,658
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Listed by: Mark S Powell • Discovery Property Group Inc
Mls Name: SDMLS
Mls ID: #250038174