8795 Gilman Dr UNIT ELa 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 8795 Gilman Dr UNIT E, La Jolla, CA, 92037 priced at $749,000 converts $3,553/mo rent into after a $3,666/mo obligation. Total monthly income equals $3,553/mo. Return on cash invested prints 12.27% in year one, and rental yield reads 5.69% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 62.74% and total cumulative return in cash sums $154,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,553/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$520 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: Stanley Krimerman • Keller Williams La Jolla
Mls Name: SDMLS
Mls Provider:
Mls ID: #250025292
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