8585 Via Mallorca UNIT 236La JollaCA92037
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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
Total monthly income runs $6,137/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 8.19% with $6,137/mo rent. Return on cash invested shows 19.04% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 99.34% and total cumulative return in cash records $293,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,137/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$701 monthly 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
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Listed by: Lindsay Herrell • Compass California III, Inc. dba Compass
Mls Name: SDMLS
Mls Provider:
Mls ID: #240012214
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