7840 La Mesa Summit DrLa MesaCA91941
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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 7840 La Mesa Summit Dr, La Mesa, CA, 91941 with 5% annual appreciation on a $1,624,990 basis while $9,523/mo rent supports operations. 16% in year one. Equity gained on principal adds $10,486/yr, and five-year appreciation sums $448,955 alongside rental yield of 7.03%. Five-year ROI measures 98.74% and total cumulative return in cash totals $519,853. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,523/mo property income versus a $7,954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91941, La Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,501 (100%) |
| Owner Occupied HU | 7,532 (55.8%) |
| Renter Occupied HU | 5,452 (40.4%) |
| Vacant Housing Units | 517 ( 3.8%) |
| Median Home Value | $944,338 |
| Average Home Value | $1,039,984 |
Housing Distribution
Address Breakdown
Residential
12,834
Single Family
10,796
Multi-Family
2,038
Businesses
331
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Listed by: Alejandra Romero; CA DRE #01803600 • Cornerstone Communities
Mls Name: Cornerstone Communities
Mls ID: #N/A