8378 New Salem St UNIT 24San DiegoCA92126
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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 8378 New Salem St UNIT 24, San Diego, CA, 92126 offers a 6.68% rental yield on a $575,000 purchase with $3,199/mo rent. 79% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 91.46% and total cumulative return in cash at $173,027. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,199/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92126, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,181 (100%) |
| Owner Occupied HU | 14,103 (51.9%) |
| Renter Occupied HU | 12,174 (44.8%) |
| Vacant Housing Units | 904 ( 3.3%) |
| Median Home Value | $865,575 |
| Average Home Value | $948,704 |
Housing Distribution
Address Breakdown
Residential
26,625
Single Family
20,637
Multi-Family
5,988
Businesses
1,972
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Listed by: Debbie Lee • Alpha California Homes
Mls Name: CRMLS
Mls ID: #OC25176842