6556 College Grove Dr UNIT 45San DiegoCA92115
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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 6556 College Grove Dr UNIT 45, San Diego, CA, 92115 uses $149,175 cash to close to unlock $6,321/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $3,311/mo, and a $2,203/mo payment keeps the spread at $527/mo. Purchase price stands at $450,000, and rental yield measures 8.83% with $3,311/mo rent. Return on cash invested shows 24.15% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 125.56% and total cumulative return in cash records $187,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,311/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 1981
3.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92115, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,973 (100%) |
| Owner Occupied HU | 7,727 (33.6%) |
| Renter Occupied HU | 14,088 (61.3%) |
| Vacant Housing Units | 1,158 ( 5.0%) |
| Median Home Value | $809,891 |
| Average Home Value | $873,607 |
Housing Distribution
Address Breakdown
Residential
22,567
Single Family
14,889
Multi-Family
7,678
Businesses
1,124
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Listed by: Shawna Ford • LPT Realty
Mls Name: CRMLS
Mls ID: #NDP2600371