8609 Lake Murray Blvd UNIT 11San DiegoCA92119
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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
Rental property for sale in San Diego at 8609 Lake Murray Blvd UNIT 11, San Diego, CA, 92119 generates $3,086/mo in rent, after a $2,398/mo payment. Total monthly income is $3,086/mo. Return on cash invested sits at 16.65% in year one, and rental yield is 7.56% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 86.69% and total cumulative return in cash sums $140,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,086/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$421 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92119, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,813 (100%) |
| Owner Occupied HU | 6,646 (67.7%) |
| Renter Occupied HU | 2,879 (29.3%) |
| Vacant Housing Units | 288 ( 2.9%) |
| Median Home Value | $878,628 |
| Average Home Value | $932,740 |
Housing Distribution
Address Breakdown
Residential
9,811
Single Family
7,802
Multi-Family
2,009
Businesses
200
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Listed by: Jeffrey Nix • Redfin Corporation
Mls Name: SDMLS
Mls Provider:
Mls ID: #240025240
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