6909 Park Mesa Way UNIT 131San DiegoCA92111
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 6909 Park Mesa Way UNIT 131, San Diego, CA, 92111 in San Diego is a conservative rental investment at $698,000. Rental yield 7.39%. A 1.37 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $192,845; $6,429/yr in principal paydown supplements. Total projected return: $263,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.8% |
| Monthly Cash Flow | $(21) | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,297 |
| Total Monthly Debt Service | $4,040 |
| DSCR Ratio | 1.06x |
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.
Condo
Built in 1980
9.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92111, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,005 (100%) |
| Owner Occupied HU | 8,598 (47.8%) |
| Renter Occupied HU | 8,739 (48.5%) |
| Vacant Housing Units | 668 ( 3.7%) |
| Median Home Value | $847,539 |
| Average Home Value | $899,033 |
Housing Distribution
Address Breakdown
Residential
17,484
Single Family
13,615
Multi-Family
3,869
Businesses
2,503
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
Condo
Built in 1980
9.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92111, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,005 (100%) |
| Owner Occupied HU | 8,598 (47.8%) |
| Renter Occupied HU | 8,739 (48.5%) |
| Vacant Housing Units | 668 ( 3.7%) |
| Median Home Value | $847,539 |
| Average Home Value | $899,033 |
Housing Distribution
Address Breakdown
Residential
17,484
Single Family
13,615
Multi-Family
3,869
Businesses
2,503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sissy Nasri • RE/MAX Connections
Mls Name: SDMLS
Mls ID: #250036910