Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in La Jolla at 8420 Via Mallorca UNIT 106, La Jolla, CA, 92037 offers a 8.05% rental yield on a $894,900 purchase with $6,006/mo rent. Total monthly income registers $6,006/mo, and a $4,380/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,290/yr on $294,422 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $5,775/yr while 5% annual appreciation supports $247,244 over five years. Portfolio math shows five-year ROI at 106.5% and total cumulative return in cash at $313,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,006/mo property income against a $4,380/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
6.70 Acres lot
$N/A/sqft
$297 monthly HOA
Neighborhood data shown for ZIP Code: 92037, La Jolla, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,119 (100%) |
| Owner Occupied HU | 10,189 (50.6%) |
| Renter Occupied HU | 6,872 (34.2%) |
| Vacant Housing Units | 3,058 (15.2%) |
| Median Home Value | $1,900,024 |
| Average Home Value | $1,722,784 |
Residential
19,128
Single Family
13,517
Multi-Family
5,611
Businesses
2,245
Date | Event | Price |
|---|---|---|
| 2024-07-25 | Price change | $894,900 |
| 2024-07-10 | Listed for sale | $894,999 |
| 2024-06-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $7497.94 | 2.75% | $616,513 | 2.00% |
| 2022-08-15 | $7297.18 | 0.71% | $604,425 | 2.00% |
| 2021-08-15 | $7245.74 | 1.24% | $592,574 | 1.04% |
Listed by: Theresa Mack • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls Provider:
Mls ID: #240014024
Disclaimer: This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation 2024 San Diego MLS.
