10190 Palm Glen Dr UNIT 61SanteeCA92071
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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
Investment property for sale in Santee at 10190 Palm Glen Dr UNIT 61, Santee, CA, 92071 offers a 7.74% rental yield on a $609,900 purchase with $3,935/mo rent. Total monthly income registers $3,935/mo, and a $2,985/mo payment leaves $162/mo available for distribution. Annual cash flow reaches $1,947/yr on $200,657 to close, and return on cash invested stands at 21.03% in year one. Equity gained on principal adds $3,936/yr while 5% annual appreciation supports $168,504 over five years. Portfolio math shows five-year ROI at 108.84% and total cumulative return in cash at $218,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,935/mo property income against a $2,985/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92071, Santee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,507 (100%) |
| Owner Occupied HU | 15,309 (68.0%) |
| Renter Occupied HU | 6,547 (29.1%) |
| Vacant Housing Units | 651 ( 2.9%) |
| Median Home Value | $754,687 |
| Average Home Value | $775,783 |
Housing Distribution
Address Breakdown
Residential
21,475
Single Family
19,574
Multi-Family
1,901
Businesses
1,335
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Listed by: Sandy Osuna • Century 21 Affiliated
Mls Name: CRMLS
Mls ID: #PTP2506553