8337 Summit WaySan DiegoCA92108
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
Investment Highlights
Investment property for sale in San Diego at 8337 Summit Way, San Diego, CA, 92108 offers a 4.05% rental yield on a $1,525,000 purchase with $5,147/mo rent. 96% in year one. Equity gained on principal adds $9,841/yr while 5% annual appreciation supports $421,329 over five years. Portfolio math shows five-year ROI at 49.39% and total cumulative return in cash at $244,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,147/mo property income against a $7,464/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92108, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 4,457 (27.0%) |
| Renter Occupied HU | 10,797 (65.4%) |
| Vacant Housing Units | 1,258 ( 7.6%) |
| Median Home Value | $831,334 |
| Average Home Value | $947,172 |
Housing Distribution
Address Breakdown
Residential
15,635
Single Family
8,068
Multi-Family
7,567
Businesses
2,485
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Stransky • Compass
Mls Name: SDMLS
Mls ID: #250046401