9705 Mesa Springs Way UNIT 224San DiegoCA92126
Nearby investment properties with comparable rents
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
Rental property for sale in San Diego at 9705 Mesa Springs Way UNIT 224, San Diego, CA, 92126 generates $2,668/mo in rent, after a $2,129/mo payment. Total monthly income is $2,668/mo. Return on cash invested sits at 19.72% in year one, and rental yield is 7.36% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 101.84% and total cumulative return in cash sums $146,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,668/mo property income rather than buyer’s personal income.
Condo
Built in 1985
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92126, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,181 (100%) |
| Owner Occupied HU | 14,103 (51.9%) |
| Renter Occupied HU | 12,174 (44.8%) |
| Vacant Housing Units | 904 ( 3.3%) |
| Median Home Value | $865,575 |
| Average Home Value | $948,704 |
Housing Distribution
Address Breakdown
Residential
26,625
Single Family
20,637
Multi-Family
5,988
Businesses
1,972
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Proctor • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls ID: #250046162