8916 Hammond DrSan DiegoCA92123
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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 8916 Hammond Dr, San Diego, CA, 92123 generates $7,822/mo in rent and, after a $4,649/mo payment, leaves $1,946/mo in cash flow. Total monthly income is $7,822/mo, and annual cash flow is $23,352/yr on $312,517 invested. Return on cash invested sits at 27.53% in year one, and rental yield is 9.88% on a $949,900 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,440 over five years. Five-year ROI reaches 143.69% and total cumulative return in cash sums $449,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,822/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92123, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,002 (100%) |
| Owner Occupied HU | 4,828 (37.1%) |
| Renter Occupied HU | 7,520 (57.8%) |
| Vacant Housing Units | 654 ( 5.0%) |
| Median Home Value | $853,319 |
| Average Home Value | $953,415 |
Housing Distribution
Address Breakdown
Residential
12,692
Single Family
8,425
Multi-Family
4,267
Businesses
2,191
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Listed by: Kyle Whissel • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls Provider:
Mls ID: #240020103
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