639-41 Ida AveSolana BeachCA92075
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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 Solana Beach at 639-41 Ida Ave, Solana Beach, CA, 92075 generates $14,279/mo in rent and, after a $9,667/mo payment, leaves $2,061/mo in cash flow. Total monthly income is $14,279/mo, and annual cash flow is $24,731/yr on $639,900 invested. Return on cash invested sits at 24.23% in year one, and rental yield is 8.68% on a $1,975,000 entry. Equity gained on principal adds $12,744/yr, while 5% annual appreciation builds toward $545,656 over five years. Five-year ROI reaches 125.93% and total cumulative return in cash sums $805,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $14,279/mo property income rather than buyer’s personal income.
Multi Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92075, Solana Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,215 (100%) |
| Owner Occupied HU | 3,258 (52.4%) |
| Renter Occupied HU | 2,036 (32.8%) |
| Vacant Housing Units | 921 (14.8%) |
| Median Home Value | $1,846,774 |
| Average Home Value | $1,762,791 |
Housing Distribution
Address Breakdown
Residential
5,565
Single Family
4,046
Multi-Family
1,519
Businesses
1,373
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Listed by: Doug Taber • Keller Williams Realty
Mls Name: SDMLS
Mls Provider:
Mls ID: #240004493
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