8619 Via Mallorca UNIT CLa 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
Rental property for sale in La Jolla at 8619 Via Mallorca UNIT C, La Jolla, CA, 92037 generates $6,522/mo in rent, after a $6,847/mo payment. Total monthly income is $6,522/mo. Return on cash invested sits at 14.73% in year one, and rental yield is 5.59% on a $1,399,000 entry. Equity gained on principal adds $9,028/yr, while 5% annual appreciation builds toward $386,518 over five years. Five-year ROI reaches 74.94% and total cumulative return in cash sums $339,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,522/mo property income rather than buyer’s personal income.
Condo
Built in 1995
N/A 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
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Listed by: Min Sun • Sun & Company Inc
Mls Name: SDMLS
Mls ID: #250044767