8524 Via Mallorca Unit GLa JollaCA92037
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 8524 Via Mallorca Unit G, La Jolla, CA, 92037 in La Jolla at $450,000 earns $3,344/mo in rent and nets $161/mo after the $2,133/mo payment, a 8.92% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $124,327 over five years. Ziffy Mortgage underwrites this on a 1.57 DSCR without U.S. credit history. With $3,772/yr in principal paydown, total projected return reaches $198,234.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.5% |
| Monthly Cash Flow | $161 | $400 |
City averages based on La Jolla market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,344 |
| Total Monthly Debt Service | $2,714 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92037, La Jolla, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,128
Single Family
13,517
Multi-Family
5,611
Businesses
2,245
Nearby investment properties with comparable rents
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SDMLS
Mls Provider:
Mls ID: #260022436
