8628 Via Mallorca APT DLa JollaCA92037
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Nearby investment properties with comparable prices
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
Investment property for sale in La Jolla at 8628 Via Mallorca APT D, La Jolla, CA, 92037 earns $135/mo cash flow from $3,228/mo rent with a $2,447/mo payment. Total monthly income totals $3,228/mo, and annual cash flow totals $1,622/yr on $165,750 capital. ROI tracks 20.89% on current figures, and rental yield reads 7.75% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 108.1% and total cumulative return in cash sums $179,180. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,228/mo property income instead of your personal income.
Condo
Built in 1972
2.06 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
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Listed by: Lan Calvano • JP Real Estate & Mortgage Inc.
Mls Name: SDMLS
Mls ID: #250045805