6304 Friars Rd UNIT 234San 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 6304 Friars Rd UNIT 234, San Diego, CA, 92108 uses $129,285 cash to close to unlock $10,923/yr annual cash flow and $910/mo monthly cash flow. Total monthly income runs $3,323/mo, and a $1,909/mo payment keeps the spread at $910/mo. Purchase price stands at $389,999, and rental yield measures 10.22% with $3,323/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 148.16% and total cumulative return in cash records $191,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,323/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A 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: Kathleen Comba • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #PTP2506535