9939 Erma Rd UNIT 101San DiegoCA92131
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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 9939 Erma Rd UNIT 101, San Diego, CA, 92131 generates $3,256/mo in rent, after a $2,643/mo payment. Total monthly income is $3,256/mo. Return on cash invested sits at 19.49% in year one, and rental yield is 7.24% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 100.56% and total cumulative return in cash sums $178,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,256/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92131, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,724 (100%) |
| Owner Occupied HU | 9,944 (72.5%) |
| Renter Occupied HU | 3,238 (23.6%) |
| Vacant Housing Units | 542 ( 3.9%) |
| Median Home Value | $1,234,355 |
| Average Home Value | $1,290,860 |
Housing Distribution
Address Breakdown
Residential
13,081
Single Family
11,517
Multi-Family
1,564
Businesses
738
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Listed by: Nicole Karen Griesi • Redfin Corporation
Mls Name: SDMLS
Mls ID: #250042993