Residence 1 Plan, Summit EstatesLa MesaCA91941
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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 Mesa at Residence 1 Plan, Summit Estates, La Mesa, CA, 91941 generates $4,930/mo in rent, after a $6,749/mo payment. Total monthly income is $4,930/mo. Return on cash invested sits at 10.7% in year one, and rental yield is 4.29% on a $1,378,990 entry. Equity gained on principal adds $8,898/yr, while 5% annual appreciation builds toward $380,990 over five years. Five-year ROI reaches 53.36% and total cumulative return in cash sums $238,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,930/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91941, La Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,501 (100%) |
| Owner Occupied HU | 7,532 (55.8%) |
| Renter Occupied HU | 5,452 (40.4%) |
| Vacant Housing Units | 517 ( 3.8%) |
| Median Home Value | $944,338 |
| Average Home Value | $1,039,984 |
Housing Distribution
Address Breakdown
Residential
12,834
Single Family
10,796
Multi-Family
2,038
Businesses
331
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Listed by: N/A • Cornerstone Communities
Mls Name: Cornerstone Communities
Mls ID: #N/A