6212 Merced Lake AveSan DiegoCA92119
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 6212 Merced Lake Ave, San Diego, CA, 92119 in San Diego: $8,935/mo in rent, $1,822/mo in net income, 9.32% gross yield, 1.73 DSCR, all at $1,149,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $317,696 in appreciation and $10,591/yr in principal paydown projects total cumulative return of $553,193.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 4.8% |
| Monthly Cash Flow | $1,822 | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,935 |
| Total Monthly Debt Service | $6,656 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
6,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92119, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,813 (100%) |
| Owner Occupied HU | 6,646 (67.7%) |
| Renter Occupied HU | 2,879 (29.3%) |
| Vacant Housing Units | 288 ( 2.9%) |
| Median Home Value | $878,628 |
| Average Home Value | $932,740 |
Housing Distribution
Address Breakdown
Residential
9,811
Single Family
7,802
Multi-Family
2,009
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1963
6,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92119, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,813 (100%) |
| Owner Occupied HU | 6,646 (67.7%) |
| Renter Occupied HU | 2,879 (29.3%) |
| Vacant Housing Units | 288 ( 2.9%) |
| Median Home Value | $878,628 |
| Average Home Value | $932,740 |
Housing Distribution
Address Breakdown
Residential
9,811
Single Family
7,802
Multi-Family
2,009
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices