7118-7120 Stanford AveLa MesaCA91942
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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 La Mesa at 7118-7120 Stanford Ave, La Mesa, CA, 91942 listed at $1,299,900 pairs $3,000/mo rent with a $6,362/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 6.01% in year one, and rental yield registers 2.77% at a $1,299,900 basis. Equity gained on principal adds $8,388/yr, and annual property appreciation at 5% supports $359,138 by year five. Five-year ROI tracks 28.19% and total cumulative return in cash totals $118,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $6,362/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2024
7,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91942, La Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,258 (100%) |
| Owner Occupied HU | 7,627 (41.8%) |
| Renter Occupied HU | 9,788 (53.6%) |
| Vacant Housing Units | 843 ( 4.6%) |
| Median Home Value | $801,305 |
| Average Home Value | $819,949 |
Housing Distribution
Address Breakdown
Residential
18,277
Single Family
11,551
Multi-Family
6,726
Businesses
1,819
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Listed by: Tino Murguia • Premier Agency R.E. Inc
Mls Name: CRMLS
Mls ID: #PTP2506328